$4,000,000
Active
36 Days Online
0 Beds0 Baths0 SQFT
Active

321 Larkin Springs Rd Madison, TN 37115

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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

  • Property TypeMulti-Family
  • NeighborhoodLarkin Springs Short Term Rentals
  • CountyDavidson
  • Taxes$2,342
  • HOA/Condo/Coop Fees$0
  • Days on Site35 Days
  • MLS StatusActive
  • MLS ID Number2652326
  • Home Size Source Assessor
  • Year Built2024
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Other
  • Parking Attached - Rear
  • Parking Spaces 2
  • Sewer Public Sewer
  • Number of Stories 1Three Or More
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 2
  • Attached Garage Yes
  • Utilities Water Available
  • Zoning MUL-A
  • Number Of Stories 1
  • Parking Total 2

Interior Features

  • Cooling Central Air
  • Heating Central
  • Flooring Other
  • Laundry Features Electric Dryer HookupWasher Hookup
  • Fireplace No

Exterior Features

  • View City
  • Waterfront Property No
  • Construction Details Other

Community Features

  • Association Amenities Pool

Schools

School District
Unknown
Elementary School
Neely's Bend Elementary
Middle School
Madison Middle
High School
Hunters Lane Comp High School

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Monthly Payment (Est.)

$19,371
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