321 Larkin Springs Rd, Madison, TN 37115 (MLS # 2652326)

Price	$4,000,000
Status	Active
Beds	0
Baths	0 Bath
Home size	n/a
Lot Size	n/a

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 Type(s): Multi Family

Last Updated	5/7/2024	Tract	Larkin Springs Short Term Rentals
Year Built	2024	Garage Spaces	2.0
County	Davidson

SCHOOLS

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

Additional Details

AIR	Central Air
AIR CONDITIONING	Yes
BUYER'S BROKERAGE COMPENSATION	2
CONSTRUCTION	Other
GARAGE	Attached Garage, Yes
HEAT	Central
LOT	0
LOT DIMENSIONS	227 X 734
PARKING	Attached
SEWER	Public Sewer
STORIES	3+
SUBDIVISION	Larkin Springs Short Term Rentals
TAXES	2342
UTILITIES	Water Available
VIEW	Yes
VIEW DESCRIPTION	City
WATER	Public
ZONING	MUL-A

Location

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Chris Thompson

Principal Broker

Phone (615) 627-8456

christhompson@townecreekrealty.com

"Thank you both Chris and Shari for all the help thru this process...

The Towne Creek team were always quick and ready to help, very timely in communicating with us, and helpful in laying out the steps along the way. Having already had a relationship with Chris made it all that much better. We will be sure to recommend Towne Creek to all our friends who may need home buying help!"

Elliot & DeAnna Kelley

We had an amazing experience working with Chris.

Chris was an amazing agent for us. We moved here from out of state and didn’t know anything about Franklin. He started by taking us out for breakfast, getting to know us and finding out what kind of home & neighborhood would work best for us. It was so nice to do this because we really got to share our needs in a relaxed setting & we got to know each other. He ended up showing us a neighborhood that we absolutely love and we’re so thankful for all of the care, effort and personal attention he gave to us. We bought a home we love and it was the perfect spot! We had an amazing experience working with Chris. And we love our neighborhood! We’re super thankful.

Sean & Jen Devereaux

“Chris Thompson did an excellent job of working with the construction company...

He kept us informed along the process when building our new home. I wouldn’t hesitate to recommend Chris and Towne Creek Realty to my friends when considering a move.”

Dr. Heidi Ventura