Opportunity Zone Multi Family Approved Development

$950,000

7265 Raleigh Millington Rd, Millington, TN 38053

For Sale

Land Residential

Active

Last Updated: 01/16/2024

Details:

Lot Area: 10 acres

Zoning: Multi FAMILY approved

Permits: Yes

Buildable Area: 10 acre

Construction Status: ZONING APPROVED READY TO DEVELOP

Offered by

Bob Turner

Broker/owner

Southern Properties

#240850

Request Info to Unlock

Highlights:

Great Location
Fully entitled
Apartment zoning

Description:

MULTIFAMILY DEVELOPMENT FOR 128 UNITS
We own the land and is zoning is approved for 128 units of multi family garden style units. This is located near of Millington Air Naval Support with has over 7000 employees daily. Also within 1 mile of Millington Naval Airport. There are numerous new developments in process in Millington including a 20 million dollar Veteran Care Surgical center that is currently is in the bid contractor selection process to start construction soon. They will have approximately 80 employees.
Please contact me for all the pro forma and investment information. This development is ready to move forward. Willing to partner