60 Kensley Lane, Lot 2, Bridgeport, AL 35740 (MLS# 1504091)

60 Kensley Lane, Lot 2, Bridgeport, AL 35740

$1,400,000

Property Type: Residential Income Square Footage: 9,406 Lot Size (sq. ft.): 43,560 Status: Closed

Current Price: $1,400,000 List Date: 12/05/2024 Last Modified: 12/05/2024

Overview

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 ... (Read more)

Listing Details MLS# 1504091

General Property Information

Number Of Units Total: 20
Living Area: 9406
Enhanced Accessible: No
Year Built: 2023
New Construction YN: Yes
Lot Size Acres: Yes
Lot Size Square Feet: 43560
Association YN: No
View YN: No
Waterfront YN: No
Basement YN: No
Fireplace YN: No
Senior Community YN: No
List Price/SqFt: 151.5
Sold Price/SqFt: 148.84

Property Features

Appliances: Dishwasher; Microwave; Oven; Refrigerator; Washer/Dryer Stacked Architectural Style: Contemporary Attic Features: None Community Features: None Construction Materials: Cement Siding; Fiber Cement Cooling: Central Air; Electric Current Financing: Conventional Exterior Features: None Fencing: None Flooring: Luxury Vinyl Foundation Details: Slab Heating: Central; Electric Interior Features: Granite Counters; Tub/shower Combo Laundry Features: In Unit Listing Terms: Cash; Conventional Lot Features: Level Other Equipment: None Other Structures: None Parking Features: Off Street; Parking Lot; Paved Patio And Porch Features: Deck; Front Porch; Porch Pool Features: None Possession: Close Of Escrow Roof: Shingle Sewer: Public Sewer Spa Features: None Structure Type: Multi Family Tenant Pays: All Utilities Water Source: Public

Contract Information

Auction YN: No
Listing Contract Date: 2023-12-14
Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 60
Street Name: Kensley
Street Suffix: Lane
Unit Number: Lot 2
County: Jackson
State: AL
Postal Code: 35740
Subdivision Name: None

Remarks and Miscellaneous

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

Status Change Information

Major Change Timestamp: 2024-12-05T16:28:08Z
Major Change Type: Status Change
Status Change Timestamp: 2024-12-05
Under Contract Date: 2024-02-29
Close Date: 2024-07-10
Close Price: 1400000
Appraisal Waiver YN: Yes

More Information

Unit 1

Unit Number: Yes
Actual Rent: 795
Unit SqFt: 470
Total Full Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: Yes
Kitchen: Yes
Living Room: No
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: washer/dryer in each unit

Unit 2

Unit Number: 2
Actual Rent: 795
Unit SqFt: 470
Total Full Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: Yes
Kitchen: Yes
Living Room: No
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: washer/dryer in each unit

Unit 3

Unit Number: 3
Actual Rent: 795
Unit SqFt: 470
Total Full Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: Yes
Kitchen: Yes
Living Room: No
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: washer/dryer in each unit

Unit 4

Unit Number: 4
Actual Rent: 795
Unit SqFt: 470
Total Full Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: Yes
Kitchen: Yes
Living Room: No
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: washer/dryer in each unit

Unit 5

Unit Number: 5
Actual Rent: 795
Unit SqFt: 470
Total Full Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: Yes
Kitchen: Yes
Living Room: No
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: washer/dryer in each unit

Unit 6

Unit Number: 6
Actual Rent: 795
Unit SqFt: 470
Total Full Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: Yes
Kitchen: Yes
Living Room: No
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: washer/dryer in each unit

Unit 7

Unit Number: 7
Actual Rent: 795
Unit SqFt: 470
Total Full Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: Yes
Kitchen: Yes
Living Room: No
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: washer/dryer in each unit

Unit 8

Unit Number: 8
Actual Rent: 795
Unit SqFt: 470
Total Full Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: Yes
Kitchen: Yes
Living Room: No
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: washer/dryer in each unit

Unit 9

Unit Number: 9
Actual Rent: 795
Unit SqFt: 470
Total Full Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: Yes
Kitchen: Yes
Living Room: No
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: washer/dryer in each unit

Unit 10

Unit Number: 10
Actual Rent: 795
Unit SqFt: 470
Total Full Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: Yes
Kitchen: Yes
Living Room: No
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: washer/dryer in each unit

Unit 11

Unit Number: 11
Actual Rent: 795
Unit SqFt: 470
Total Full Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: Yes
Kitchen: Yes
Living Room: No
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: washer/dryer in each unit

Unit 12

Unit Number: 12
Actual Rent: 795
Unit SqFt: 470
Total Full Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: Yes
Kitchen: Yes
Living Room: No
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: washer/dryer in each unit

Unit 13

Unit Number: 13
Actual Rent: 795
Unit SqFt: 470
Total Full Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: Yes
Kitchen: Yes
Living Room: No
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: washer/dryer in each unit

Unit 14

Unit Number: 14
Actual Rent: 795
Unit SqFt: 470
Total Full Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: Yes
Kitchen: Yes
Living Room: No
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: washer/dryer in each unit

Unit 15

Unit Number: 15
Actual Rent: 795
Unit SqFt: 470
Total Full Baths: Yes
Efficiency: Unfurnished
Furnished: Unfurnished
Den: Yes
Kitchen: Yes
Living Room: No
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: washer/dryer in each unit

Unit 16

Unit Number: 16
Actual Rent: 795
Unit SqFt: 470
Total Full Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: Yes
Kitchen: Yes
Living Room: No
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: washer/dryer in each unit

Unit 17

Unit Number: 17
Actual Rent: 795
Unit SqFt: 470
Total Full Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: Yes
Kitchen: Yes
Living Room: No
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: washer/dryer in each unit

Unit 18

Unit Number: 18
Actual Rent: 795
Unit SqFt: 470
Total Full Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: Yes
Kitchen: Yes
Living Room: No
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: washer/dryer in each unit

Unit 19

Unit Number: 19
Actual Rent: 795
Unit SqFt: 470
Total Full Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: Yes
Kitchen: Yes
Living Room: No
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: washer/dryer in each unit

Unit 20

Unit Number: 20
Actual Rent: 795
Unit SqFt: 470
Total Full Baths: Yes
Efficiency: Unfurnished
Furnished: Unfurnished
Den: Yes
Kitchen: Yes
Living Room: No
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: washer/dryer in each unit

License Number Info

Listing Agent’s State of Licensure: AL
Listing Agent’s License Number: 118277
Listing Office’s State of Licensure: Al
Listing Office’s License Number: 164770

Location, Tax, and Legal

Parcel Number: Tbd
Office Exclusive: No
Elementary School: Bridgeport Elementary
Middle Or Junior School: Bridgeport Middle
High School: North Jackson High
Tax Annual Amount: 0
Tax Legal Description: TBD
Deed Book: TBD
Deed Page: TBD

Appliances

Dishwasher: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Washer/Dryer Stacked: Yes

Architectural Style

Contemporary: Yes

Attic Features

None: Yes

Community Features

None: Yes

Construction Materials

Cement Siding: Yes
Fiber Cement: Yes

Exterior Features

None: Yes

Fencing

None: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Level: Yes

Other Equipment

None: Yes

Other Structures

None: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes
Electric: Yes

Foundation Details

Slab: Yes

Parking Features

Off Street: Yes
Parking Lot: Yes
Paved: Yes

Structure Type

Multi Family: Yes

Tenant Pays

All Utilities: Yes

Current Financing

Conventional: Yes

Patio And Porch Features

Deck: Yes
Front Porch: Yes
Porch: Yes

Pool Features

None: Yes

Spa Features

None: Yes

Flooring

Luxury Vinyl: Yes

Heating

Central: Yes
Electric: Yes

Interior Features

Granite Counters: Yes
Tub/shower Combo: Yes

Laundry Features

In Unit: Yes

Roof

Shingle: Yes

Listing Office: Zach Taylor - Chattanooga

Last Updated: December - 05 - 2024

Information deemed reliable but not guaranteed.