417 Milam

This offering presents a buyer the opportunity to purchase 10 subdivided lots spanning 0.76 acres. The owner of the 10 lots had intended to combine and replat the properties into a 16 lot townhome development. The plat for 16 townhomes has been approved by the City Of San Antonio but has not been recorded. All entitlements are in place for a medium-density infill housing project. The plat is for a planned residential development that is ready to break ground. The seller has proposed to develop 1,250 square foot, two-story, 3 bedroom, 2 bath townhomes. Each townhome would have a private parking spot off of a main private driveway within the individually platted lots. The purchaser can purchase the land in the current 10 lot arrangement or record the plat and have 16 individually platted lots.