TN Auction Firm #5576

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PRICE $4,000,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 5.95 ac

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. The 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 consider a partnership/JV

LAST UPDATED 5/7/2024 TRACT Larkin Springs Short Term Rentals
YEAR BUILT 0 COUNTY Davidson
STATUS Active PROPERTY TYPE(S) Lot/Land/Acreage

SCHOOLS
Elementary School Neely's Bend Elementary
Jr. High School Madison Middle
High School Hunters Lane Comp High School


ADDITIONAL DETAILS
AIR None
BUYER'S BROKERAGE COMPENSATION 2
HEAT None
LOT 5.95 acre(s)
LOT DESCRIPTION Corner Lot
SEWER Public Sewer
SUBDIVISION Larkin Springs Short Term Rentals
TAXES 3000
UTILITIES Water Available
VIEW Yes
VIEW DESCRIPTION City
WATER Public
ZONING MUL-A
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
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