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321 Larkin Springs Rd

Madison, TN 37115
  • $4,000,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: RTC2652326
UPDATED: 134 min ago
$4,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
2024
County:

School Information

Elementary School:
Middle School:

Description

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

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Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (Nashville on the Move | Keller Williams® Realty, (615) 425-3600). IDX information © 2024 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or Nashville on the Move | Keller Williams® Realty. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-06-16T18:06:23.61.

Based on information submitted to the MLS GRID as of 2024-06-16T18:06:23.61. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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321 Larkin Springs Rd Madison, TN 37115

  • Price: $4,000,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 134 min ago
  • MLS #: RTC2652326
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2024
Built
Neighborhood:
Larkin Springs Short Term Rentals
County:
Davidson
Elementary School:
Neely's Bend Elementary
Middle School:
Madison Middle
High School:
Hunters Lane Comp High School
Property Description
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
Exterior Features

Attached Garage YN Yes Carport YN No Construction Materials Other Covered Spaces 2 Garage YN Yes Levels Three Or More Lot Size Dimensions 227 X 734 Parking Features Attached - Rear Parking Total 2 View City View YN Yes Waterfront YN No

Interior Features

Above Grade Finished Area 0 Cooling Central Air Cooling YN Yes Fireplace YN No Flooring Other Heating Central Heating YN Yes

Property Features

Association Amenities Pool Association YN No Building Area Total 0 Gross Income 0 Inclusions OTHER Laundry Features Electric Dryer HookupWasher Hookup Net Operating Income 0 New Construction YN Yes Operating Expense 0 Owner Pays ElectricityWater Pool Private YN No Property Attached YN Yes Sewer Public Sewer Special Listing Conditions Owner Agent Stories 1 Tax Annual Amount 2342 Total Actual Rent 0 Water Source Public Year Built Details NEW Zoning MUL-A

Realtracs Solutions logo Offered by eXp Realty: 6159877536. Copyright 2024 RealTracs, Inc. Information Is Believed To Be Accurate But Not Guaranteed. Listings courtesy of Realtracs MLS as distributed by MLS GRID.


Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (Nashville on the Move | Keller Williams® Realty, (615) 425-3600). IDX information © 2024 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or Nashville on the Move | Keller Williams® Realty. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-06-16T18:06:23.61.

Based on information submitted to the MLS GRID as of 2024-06-16T18:06:23.61. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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4101 Charlotte Ave Suite D160
Nashville TN, 37209