Bridgeport, AL 35740,60 Kensley LN
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Bridgeport, AL 35740,60 Kensley LN
Bridgeport, AL 35740,60 Kensley LN
Bridgeport, AL 35740,60 Kensley LN
Bridgeport, AL 35740,60 Kensley LN

$1,150,000

Est. payment /mo

$1,175,000

2.1%
Est.Price: ?

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60 Kensley LN Bridgeport, AL 35740

7,488 SqFt

SOLD DATE : 05/30/2024

Key Details

Sold Price $1,150,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,488 sqft

Price per Sqft $153

MLS Listing ID 1504093

Sold Date 05/30/24

Style Contemporary

Originating Board Greater Chattanooga REALTORS®

Year Built 2023

Lot Size 0.750 Acres

Acres 0.75

Property Description

Welcome to 60 Kensley Lane lot 3. This 16 unit 1 bedroom apartment building plans to be completed in February 2024. Completely designed for low maintenance with hardy board siding, Luxury Vinyl flooring, custom cabinetry and granite countertops. The building has front and back decks, ample parking and within 1 block of a new hospital and 1 mile of Google as well as multiple established manufacturers. Targeted rents are $780 per month. Great Value for new construction.

Located at 47990 Highway 72, Bridgeport, Jackson County, AL 35740, the current 72-acre parcel is designed for a comprehensive master plan commercial development that includes self-storage, multi-family, restaurants, travel centers, hotels, and a regional hospital. Over the last several years, Google has initiated their largest data center in the world, purchasing 700 acres. Their first phase of development includes 14-16 buildings, ranging 200,000 to 280,000 sq ft per building. In the next ten to fifteen years, Google alone will have 1,200-1,700 construction workers and anticipates 75-100 employees per building, for a total of 1,400-1,600 employees. Also, it was recently announced that a solar plant will be initiated in the same area, creating additional demand for both construction and employees, as well as additional infrastructure in Bridgeport.

This project has been in the development phase for the past four years, with all utilities, infrastructure, and roads already in place. Currently 4 buildings of 4 units per building as a 2 bedroom as fully occupied. Any other competing developers will be three to four years behind in infrastructure development at this point. The regional hospital plans to open its doors January 2024.

Location

State AL

County Jackson

Area 0.75

Interior

Interior Features Breakfast Nook, Granite Counters, Tub/shower Combo

Heating Central, Electric

Cooling Central Air, Electric

Flooring Luxury Vinyl

Equipment None

Fireplace No

Appliance Washer/Dryer Stacked, Refrigerator, Oven, Microwave

Heat Source Central, Electric

Laundry In Unit

Exterior

Exterior Feature None

Parking Features Off Street, Parking Lot, Paved

Garage Description Off Street, Parking Lot, Paved

Pool None

Community Features None

Roof Type Shingle

Porch Deck, Front Porch, Porch

Garage No

Building

Lot Description Level

Faces From downtown Chattanooga, take US 27S and merge into I-24W. Exit 152A to US-72. Follow US 72 into Bridgeport to Kensley Lane.

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building None

Structure Type Fiber Cement

Schools

Elementary Schools Bridgeport Elementary

Middle Schools Bridgeport Middle

High Schools North Jackson High

Others

Senior Community No

Tax ID Tbd

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Zach Taylor - Chattanooga

Eddie Bodkin

Agent

+1(423) 398-3333

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