Updated almost 2 years ago on . Most recent reply
Advice needed on selling multifamily project
Hello, I started a project 2 miles east of downtown San Antonio. I own the land, I got it zoned for multifamily and I got the plans, elevations, renderings worked out.
It has one STR penthouse (5 bdrm 4 bath with 3000 sf roof terrace), plus 5 duplex units (Each duplex is two 3 bdrm 2 bath). 22 parking spaces. There is also a common use roof terrace of another 3000 sf.
I got into a mess with my other investments so now I have to exit the project to get cash.
I'd hate to sell it as an empty lot. What would you do in my place?
