Jones Lang LaSalle Capital Markets Group (“JLL”) is pleased to offer the exclusive opportunity to purchase the 1101 East multifamily development site located at 2670 FM 1101 in New Braunfels, Texas. The Site is an approximately ±30.26-acre development site (the “Property” or “Site”) located within the rapidly growing Austin–San Antonio corridor along Interstate 35 (I-35). Positioned less than a mile from I-35 and around 10 minutes from downtown New Braunfels, the Site is located on the quickly growing northeast side of New Braunfels, within a city experiencing rapid growth overall. The Site is fully approved for a two-phase multifamily development, with additional flexibility for flex industrial or retail uses under current zoning. The Site is zoned MU-B AH AL or “High Intensity Mixed Use District” within the City of New Braunfels. The Site has been planned for 376 multifamily units within each of the two phases along the FM 1101 corridor. Significant work has been completed to advance entitlements and position the site for immediate development. The corridor is anchored by major employers and developments including, but not limited to, the Resolute Baptist Hospital, Freiheit Village, Avenues at Creekside, and the existing Walmart and Sam’s Club Distribution Center. The Site is minutes from the area’s top retail and entertainment destinations, including New Braunfels Town Center at Creekside, Gruene Hall, and the San Marcos Premium Outlets.