City
San Antonio
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Yellowstone Real Estate is seeking bank financing for the land acquisition and site work of (4) land development projects across the Greater San Antonio, TX area.
City
San Antonio
State
Texas
County
Bexar
Land Area
28 acres
PSA
Jun 2021
Closing
Dec 2021
Start Date
May 2022
Completion
Feb 2023
City
San Antonio
State
Texas
County
Bexar
Land Area
28 acres
PSA
Jun 2021
Closing
Dec 2021
Start Date
May 2022
Completion
Feb 2023
City
San Antonio
State
Texas
County
Bexar
Land Area
28 acres
PSA
Jun 2021
Closing
Dec 2021
Start Date
May 2022
Completion
Feb 2023
City
San Antonio
State
Texas
County
Bexar
Land Area
28 acres
PSA
Jun 2021
Closing
Dec 2021
Start Date
May 2022
Completion
Feb 2023
| E. Chavaneaux Rd | Investment required | Projected returns |
|---|---|---|
|
Preferred
Investment |
5,750,000 |
|
|
Preferred
Distribution on
Investment |
|
1,150,000
|
|
Profit Distribution
on Investment |
|
3,932,500
|
|
Investor
Repayment |
|
5,750,000
|
|
Sponsor
Distribution |
|
17,853,974 |
|
Total distribution |
|
28,686,474 |
Lucero is in San Antonio Texas towards the South side of town at 410 and 281. There is 28.5 acres with the ability to get 128 lots on there 50 X 120. We have PSA executed and already moving forward with all Engineering as required. The property will be fully developed from our side, and we will be turning over the lots to be able to go vertical form there. We have a committed agreement with a builder already at 55,000.00 per lot. We will be breaking ground 6-1-2022 this will be complete construction by 2- 28-23 for turn over to builder
Pleasanton is in San Antonio Texas towards the South side of town at 410 and Pleasanton Rd. There is 20 acres with the ability to get 109 lots at 40X120. We have an executed PSA with a due diligence period of 120 days in which we will be closing on 5-1-22. We are planning to start construction on 8-1-22 and complete all by 6-30- 23 ready to go vertical at $1,300.00 linear foot. This will be a single take down on the turnover and we also be receiving earnest monies to complete different milestones.
Talley Road is 49 total acres located in San Antonio on the west side. We have placed a PSA in for 120 days due diligence period to allow for design and city submissions. There will 261 lots which include at 45’ X 120’ lots size. We will fully develop this site and already have written agreement with a builder to acquire when completed. We anticipate starting the construction of the site 10-1-22, with completion on 4-1-24. We are selling in 2 take downs so it will be fully developed and turned over when completed. We are selling each of these lots for 99,000.00.
Von Ormy (North tract) is in South San Antonio off Watson Road area. It is 50 acres with lots to be 45X120 and there will be 276 in total. We have a PSA out there now and will close on land 8-7-22 so it allows the due diligence period to be thoroughly reviewed and completed prior. We are looking at the cost per linear ft at 1,300.00 now but we anticipate the cost to go up prior before closing a contract. There will be several take downs on this property with the builder funding earnest monies to us through the process. The build will commence 9-1-2022 and will be completed by 7- 30-2024 with two phases build out.
Von Ormy (South tract) is in South San Antonio off Watson Road area. It is 50 acres with lots to be 45X120 and there will be 265 in total. We have a PSA out there now that will close on land 8-7-22 so it allows the due diligence period to be thoroughly reviewed and completed prior. The lots have already been agreed upon with a local builder with a LOI form them to purchase them. There will be several take downs on this property with the builder funding earnest monies to us through the process.
The seventh-largest city in the nation and among the top cities with a free business environment, San Antonio attracts even more companies in addition to the numerous Fortune
Skipcart, a fast- growing, venture- backed technology company will plant their headquarters at San Antonio and create 100 new jobs.
Matthews’ International Corporation will develop its $9M North American divisional headquarters and create 50 high-wage jobs.
SafeRide Health, a Californiabased healthcare tech company, will bring in a new operation in downtown San Antonio, bringing high growth logistics and engineering jobs.
Nissei America, an international plastics manufacturer, has also announced plans to move its US headquarters from Anaheim, California to San Antonio.
Navistar will be making the move to Texas to continue growing their commercial truck market. The expansion will cost $250 million and bring 600 new jobs to San Antonio.
The city has a large, highly educated, heavily bilingual workforce that grows daily, with new graduates and high net immigration from other states. With an 89.1 cost-of-living index and an average cost per square foot for Class A office space of $26.81—as well as more affordable housing and a comparatively low cost of living for employees—it is an attractive place to do business than other cities nationwide.
The area median income, or AMI, for the San Antonio-New Braunfels region, has increased from $62,100 to $74,100 for a family of four between 2016 and 2021, according to the latest figures released by the U.S. Department of Housing and Urban Development (HUD).
San Antonio’s population growth far outpaces that of the US average, and the overall ten-year growth pattern is showing absolutely no signs of slowing down.
2016 Median Household Income
Adults with High School Diploma
Median Age
2021 Median Household Income
Adults with College Diploma
Home Ownership
