FOR SALE
$4,000,000

321 Larkin Springs Rd
Madison, TN 37115

Multi-Family
Residential
N/A
Acre Lot
Courtesy: eXp Realty, 6159877536
Agent Websites> Tennessee> Madison> 37115
This Property combined 3 Parcels of Raw Land ONLY ( MUL-A ZONING ) which has NO restrictions on building 70 separate units of NON OWNER OCCUPIED SHORT TERM RENTALS or STR's or you could build Apartments with this current zoning. 5.95 acres Plans are fully approved by Metro for 70 units of Townhomes. PLUS there are 3 parcels to build single family homes that cannot be Short Term Rentals . For a Total of 73 units. (70 Townhomes and 3 single family homes )on all 3 parcels. We have all engineered drawings from Dale and Associates. We also have bids from our dirt and infrastructure contractors and bids to construct the vertical buildings. From those bids we feel the cost will be105k per build ready pads (built in 4 separate phases) that includes the land and infrastructure. #1 Phase is 17 Units. This is an extremely different kind of land because land zoned MUL-A is normally apartment developments. I would Possibly be interested in a partnership/JV
2652326
Multi-Family, 3+ Story
Davidson
2024
Public
Other
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: eXp Realty, 6159877536
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