Bridgeport, AL 35740,60 Kensley Lane
Bridgeport, AL 35740,60 Kensley Lane
Bridgeport, AL 35740,60 Kensley Lane
Bridgeport, AL 35740,60 Kensley Lane
Bridgeport, AL 35740,60 Kensley Lane
Bridgeport, AL 35740,60 Kensley Lane
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Listed by Grace Frank • Zach Taylor Chattanooga

$1,400,000

$1,425,000

1.8%
Est.Price: ?

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Est. payment /mo

9,406 SqFt


SOLD DATE : 07/10/2024

Key Details

Sold Price $1,400,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 9,406 sqft

Price per Sqft $148

MLS Listing ID 2766321

Sold Date 07/10/24

HOA Y/N No

Year Built 2023

Property Description

Welcome to 60 Kensley Lane lot 2. This 20 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 County

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Other

Fireplace N

Exterior

Utilities Available Electricity Available, Water Available

View Y/N false

Roof Type Other

Private Pool false

Building

Sewer Public Sewer

Water Public

Structure Type Fiber Cement,Other

New Construction true

Schools

Elementary Schools Bridgeport Elementary School

Middle Schools Bridgeport Middle School

High Schools North Jackson High School

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