Multi-Family Sr Package (6) · 12.8% over 2014. • Since 2005, New Braunfels has a lower...

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INTRODUCING

Veramendi...a new master-planned community nestled in the historic city of New Braunfels. It is ideally located within the Central Texas growth corridor between Austin and San Antonio. Veramendi is steeped in tradition and history with the first recorded landowner, Juan Martin de Veramendi receiving a land grant from the Mexican Government in 1823.

Veramendi offers historic small town charm, family friendliness with a wide variety of home and lifestyle choices, but with big city shopping and convenience. Combining the rich history and local tradition of the current landowners, the Word Borchers family with the leadership of Australian developer partners ASA Properties, Veramendi is redefining community living in the Texas Hill Country through its offering of a vibrant and dynamic lifestyle that incorporates the elements of live, work, learn and play.

W E L C O M ET O V E R A M E N D I

New Braunfels, Texas - Central Texas growth corridor

2,430 acres

SH Loop 337 (1.9 miles of frontage, 18,000 daily trips) and River Road adjacent to Veramendi. IH-35 (121,000 daily trips) three miles from Veramendi. SH 46 (27,650 daily trips) Multiple proposed access points to Veramendi.

1.7 miles

Gentle rolling pastures, creeks and bluffs overlooking Guadalupe River

Governmental Approvals: 1st Quarter 2013 (obtained)

Phase 1 Construction: 1st Quarter 2017 (NBISD Elementary School/Roads Under Construction) 1,200 acres with over 5,000 dwellings

380 acres of non-residential uses including a town center, corporate campus, resort hotel, higher education campus and two elementary schools

480 acres of public parks connected through an extensive network of hike and bike trails

LOCATION

SIZE

ACCESS

GUADALUPE RIVER FRONTAGE

TOPOGRAPHY

TIME FRAME

LAND USE PLANRESIDENTIAL

NON-RESIDENTIAL

CIVICIMPROVEMENTS

+ DONATIONS

FAST

FACTS

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty, or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any presentation of size, quality, or quantity of any of the physical characteristics of the property should be verified by you or your advisors. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

5 MILES

337

B46

DOWNTOWNNEW BRAUNFELS

GRUENE

Downtown San Antonio 33 miles

15 minutes to IH 10

Downtown Austin 49 miles


PRECINCT 12±38.77 acres

LOOP 337

FUTU

RE R

OAD

WAY

B

OAK RUN PARKWAY EXTENSION

PRECINCT 12±38.77 acres

LOOP 337

FUTU

RE R

OAD

WAY

B

OAK RUN PARKWAY EXTENSIONWHERE THEHILL COUNTRY& LIFESTYLE MEET


VERAMENDI SENIOR LIVING/MULTI FAMILY PRECINCT

PARCEL± 38.77ac designated as Neighborhood (mixed density) Residential

PRICEMulti Family Tract 10-15 Acres $7.95/square footSenior Living Tract 38.77 Acres $4.95/square foot

LOCATIONOff SH Loop 337, New Braunfels

PROPERTY TYPELand – Vacant

TRAFFIC18,000 daily trips SH Loop 337 and 27,650 daily trips SH 46

POTENTIAL LAND USES IN PHASE 1• Multi Family • Retail (large format)• Residential (single family) • Office• Neighborhood User Tracts (church, day care, etc…) • Senior Living*Contact Broker for specific location and pricing on above uses

MULTI FAMILY/SENIOR LIVING

SITE


• New Braunfels is now the nation’s second-fastest growing city with a population of 50,000 or more, according to estimates released by the U.S. Census Bureau.

• 2013, New Braunfels was the 18th fastest growing city, in 2014, it was the 13th fastest growing city, and in 2015 it is the 2nd fastest growing city.

• 2015 total population is 70,543, a 6.6% increase from 2014.

• Since 2000, total population has increased by 54%.

• Approximately 60.8% of the population are white, 35% Hispanic, 1.9% African American, and 2.3% other.

• Comal County in which New Braunfels lies was recently ranked the 7th fastest growing large county in the US.

• Such growth is attributed to its location on IH35 in between two of the fastest growing metropolises in the nation, Austin and San Antonio.

• In 2015, over 900 new jobs were added with over 20 primary employers.

• Median Household Income has risen 74% since 2001, higher than the state and metro-area average.

• Property valuations increased in 2015 by 12.8% over 2014.

• Since 2005, New Braunfels has a lower unemployment rate than the nation, state, region, and metro area. Unemployment rate are at the lowest since June 2007.

• Commercial building permits set a new record in 2015. Residential permit exceeded 1,000 homes for the third consecutive year.

MARKETSNAPSHOT

• New Braunfels, Texas, presents a unique and active lifestyle while offering proximity to the metropolitan areas of San Antonio and Austin.

• A number of artesian springs feed the Comal River, which winds through the City before meeting the larger Guadalupe River.

• New Braunfels is a city with a rich heritage, established in 1845.

• The area is one of the best leisure destinations in Texas with numerous local offerings such as “toobing” on local rivers, small town character and charm, and popular destinations such as historic downtown New Braunfels, Schlitterbahn Water Park and Gruene.

• Since 2000, the city’s population has grown by 54% with an annual job growth rate of 3.2%.

• New Braunfels has a diversified base of employment in both private and public sectors - tourism is one of the most significant drivers of the local economy.

• Other key employment sectors within the region include manufacturing, health care, aviation, logistics, and distribution.

NEWBRAUNFELS

For more information go to:http://blogs.forbes.com/joelkotkin/2011/07/06/the-next-big-boom-towns-in-the-u-s

• Veramendi is located in the Texas Hill Country, just 33 miles from downtown San Antonio and 49 miles to the State capitol in Austin.

• The region has experienced 58% population growth over the past decade.

• San Antonio – Texas’ 2nd largest city – has an economy focused on finance, tourism and health sectors with a strong military concentration.

• The San Antonio-New Braunfels Metropolitan Area has a population of 2 million people and is the 4th fastest growing metro area in Texas.

• Austin – the State capitol – has an economy focused on government, education and technology, with growth in the pharmaceuticals and biotechnology industries.

• This region has been one of the most economically stable regions in the US over recent years.

• Forbes rated Austin and San Antonio as the #1 and #4 “boom” towns in the US. The Nation’s cities were ranked considering job growth, family formation, education, population growth and general attractiveness to immigrants. Texas provided 4 of the top 7 cities on the list.

AUSTIN-SAN ANTONIOGROWTH CORRIDOR

The following is a list of some of the items that Howard Payne University will be offering in the upcoming University they will be building on Veramendi. There is so much being offered and a lot of possibilities that are going to become available to coincide with the University.

• Multipurpose Performing Arts Facility (1)

• Student Services Building (1)

• Welcome Center/Administration Building (1)

• Resident Housing Units (2)

• Sports FacilitiesFootball/ Track and Field, Soccer/Lacrosse, Basketball/Volleyball, Tennis, Baseball, Softball, Cross Country, Golf, Swimming

• Outdoor Recreation – Basketball, Climbing, Skating, Archery, Shooting Sports, Hiking, Camping, Canoing, Rowing, Fencing, etc.

• Grounds and Maintenance and Housekeeping

PLANNED VERAMENDI PARTNERS

Veramendi will soon welcome health care services from the long trusted Catholic Not-for-Profit Health System, Christus Santa Rosa (CHRHS).

• The CHRHS Veramendi campus will offer another convenient access point for patients and physicians in the New Braunfels area and beyond

• CSRHS plans to develop the campus with services that may include a short-stay surgical hospital, imaging services, emergency services, physician offices, rehabilitation services, and more

• CHRHS is dedicated to a strategic vision of growing and expanding access to care – right here in New Braunfels

• CHRHS looks forward to providing the same exceptional care they already provide to the New Braunfels community and beyond in this new environment

MIKE YBARRAP 830 460 9178C 210 601 1414E [email protected]

CORY ELRODP 830 460 9177C 830 214 3489E [email protected]

CRAIG HALLP 210 887 3659E [email protected]

BRO

KERS

Information About Brokerage Services 11-2-2015Texas law requires all real estate license holders to give the following information about

brokerage services to prospective buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS:

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents):

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker.A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

Put the interests of the client above all others, including the broker’s own interests;Inform the client of any material information about the property or transaction received by the broker;Answer the client’s questions and present any offer to or counter-offer from the client; andTreat all parties to a real estate transaction honestly and fairly.

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner,usually in a written listing to sell or property management agreement. An owner's agent must perform the broker’s minimum dutiesabove and must inform the owner of any material information about the property or transaction known by the agent, includinginformation disclosed to the agent or subagent by the buyer or buyer’s agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through awritten representation agreement. A buyer's agent must perform the broker’s minimum duties above and must inform the buyer of anymaterial information about the property or transaction known by the agent, including information disclosed to the agent by the seller orseller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the writtenagreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold orunderlined print, set forth the broker's obligations as an intermediary. A broker who acts as an intermediary:

Must treat all parties to the transaction impartially and fairly;May, with the parties' written consent, appoint a different license holder associated with the broker to each party (owner andbuyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction.Must not, unless specifically authorized in writing to do so by the party, disclose:

that the owner will accept a price less than the written asking price;that the buyer/tenant will pay a price greater than the price submitted in a written offer; andany confidential information or any other information that a party specifically instructs the broker in writing not todisclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent thebuyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:The broker’s duties and responsibilities to you, and your obligations under the representation agreement.Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation foryou to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.

Licensed Broker/Broker Firm Name orPrimary Assumed Business Name

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:xaF:enohPProduced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com

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Buyer/Tenant/Seller/Landlord Initials DateRegulated by the Texas Real Estate Commission Information available at www.trec.texas.gov

IABS 1-0

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Legacy Commercial Real Estate, 396 North Seguin Avenue New Braunfels, TX 78130 (830)625-6400 (830)625-6400Cory Elrod

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