Oak Run Multifamily Site_Property for Sale
Oak Run Multifamily Site_Property for Sale
2850 Loop-337, New Braunfels, TX, 78130, US

Oak Run Multifamily Site

Asset Description

Jones Lang LaSalle (“JLL”) is pleased to offer the exclusive opportunity to purchase Oak Run Phase 1, an ±8.76-acre 330-unit multifamily development site at 2850 Loop 337 (the “Property” or “Site”) located near the rapidly growing Austin-San Antonio Corridor in New Braunfels, Texas. Located within the New Braunfels ETJ, the site is positioned less than five minutes from IH-35 and around 10 minutes from downtown New Braunfels. All entitlements and zoning are in place for a multifamily development. The property is located down the street from several key demand drivers including but not limited to the 2,400-acre mixed-use development Veramendi, T Bar M Camps and Retreat, top schools such as New Braunfels High School and Oak Run Middle School, and many retail amenities like H-E-B, Starbucks, and Chick-fil-A. 

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Attributes

Number of units
330
Land area gross
3.55 ha
Zoning
ETJ

Media

Investment Highlights

Entitled and Ready Development Site

  • Located in New Braunfels ETJ, allowing multifamily development by right without rezoning.

Strong County Fundamentals

  • Projected population growth in Guadalupe County (59.81%) and Comal County (44.23%) from 2014 to 2030.

Nation Leading IH-35 Development Corridor

  • Austin-San Antonio Corridor to grow from 4.6 million to 6-7 million residents by 2030.
  • Population in the Corridor projected to grow 34% in the next decade, with over two-thirds under 50 years old.
Oak Run Multifamily Site 4_Property for Sale
Oak Run Multifamily Site 4_Property for Sale

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Oak Run Multifamily Site (0 Properties)

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Last updated
30 Oct 2024