Investment Overview

Marcus & Millichap is pleased to offer for sale the 10-acre multi-family development located at the southeast corner of Holm Road and Medina Base Road in San Antonio, Texas. This 10.008-acre tract is part of a 70-acre zoned transit oriented development (TOD) that is one of only two approved TOD in the city. A TOD is designed to offer a mix of residential, commercial, and recreational spaces that promote a compact, walkable, and pedestrian-friendly community centered around high-quality transit access. This specific tract is designed to fit 32 units per acre of affordable multi-family housing. Located in south-central Texas, San Antonio is a dynamic city with a population of approximately 1.5 million residents. San Antonio is one of the fastest-growing cities in the United States, with a population that continues to expand due to its favorable cost of living, robust job market, and high quality of life. With a current shortage of 77,618 rental homes in the city, this TOD is well-positioned to meet the rising demand for multifamily housing. Living in a TOD promotes a sustainable lifestyle by creating a dense, walkable community that reduces the need for driving, thereby lowering energy consumption and greenhouse gas emissions. San Antonio benefits from a well-developed transportation network, including major highways, public transit, and proximity to the San Antonio International Airport. The TOD’s location is strategically positioned to leverage this connectivity, providing easy access to key areas within the city and beyond. San Antonio has a diverse economy with key industries that include healthcare, military, tourism, and manufacturing. Major employers in the area include the United Services Automobile Association (USAA), Valero Energy, H-E-B, and several military installations. The TOD is located just minutes from Port San Antonio and Lackland Air Force Base, two of the largest employers in the region. It is also situated directly across from Pearsall Park, part of the Greenway Trails system covering 100 miles of interconnected parks and trails, which offers easy access to recreational amenities, enhancing its appeal to potential residents and businesses.