Asking Price
Sq. Footage 717,825
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 2019
Lot Size 16.12 ACRES

Property Description

JLL is pleased to present investors with the opportunity to acquire the Davis Lane site, a potential multi-family development located in San Marcos, Texas. This land site is strategically located on the corner of Davis Lane and River Road, just blocks from Interstate 35. The Davis Lane site provides its residents with the ability to live within minutes of Downtown San Marcos and Texas State University, as well as have quick access to I-35 and employments hubs of Austin and San Antonio.

Investment Highlights

  • Price: $4,980,000
  • Property Location: San Marcos, Texas (Austin MSA)
  • Current Use: Raw Land
  • Site Area: 16.479 Acres | 717,825 SF
  • Designation: Opportunity Zone-Track #48209010303
  • Zoning: Legacy Zoning District MF-24; FD and SF-6.
  • Topography: Level
Scott LaMontagne
Scott LaMontagne
Managing Director, Captl Mkts
Richard Mireles
Richard Mireles
VP, Capital Markets

JLL  financing

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