PRICE REDUCED - Zoned Multifamily Site | 12.28+/- Acres | New Braunfels, TX

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers and investors the opportunity to purchase a 12.28+/- acre entitled multifamily

development Site located along Sophie Lane in New Braunfels, TX (the “Site”) less than a mile east of Interstate 35. The Site comes with fully designed plans for a 378 unit, 4-story,

garden-style build out. The Seller will convey the following at closing: architectural plans, engineering plans, and select third party reports. The Seller estimates approximately

$2MM in savings on impact fees due to being grandfathered into lower impact fees. The Site is accessible via Sophie Lane and is close to major retailers such as TJ Maxx, Home Goods,

Target, and Buc-ee’s in addition to numerous restaurants.

This exceptionally well-located Site is a great opportunity at a reduced price of $19,500 per developable unit, a reduction from $22,486 per unit.

To gain access to the marketing brochure and full Due Diligence Vault click on the link below:

https://docsend.com/view/s/9f592qyeetz4fzey