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$4,000,000
11 Days Online

321 Larkin Springs Rd
Madison, TN 37115

For Sale|Multi-Family|Active
Subdivision:
Larkin Springs Short Term Rentals
County:
Davidson
Call Now: 615-482-5244
Is this the home for you? We can help make it yours.
615-482-5244
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Monthly Payment (Est.)

$18,250
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

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

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Listing Snapshot
Price 
$4,000,000
Days Online 
11 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2024
MLS® Number 
2652326
Status 
Active
Property Tax 
$2,342
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoListing first seen online
General Features
Construction 
Other
Parking 
Attached - Rear
Parking Spaces 
2
Sewer 
Public Sewer
Number of Stories 
1Three Or More
Water 
Public
Property Sub Type 
Multi Family
Garage Spaces 
2
Attached Garage 
Yes
Utilities 
Water Available
Zoning 
MUL-A
Number Of Stories 
1
Parking Total 
2
Interior Features
Cooling 
Central Air
Heating 
Central
Flooring 
Other
Laundry Features 
Electric Dryer HookupWasher Hookup
Fireplace 
No
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Exterior Features
View 
City
Waterfront Property 
No
Construction Details 
Other
Community Features
Association Amenities 
Pool
Schools
School District
Unknown
Elementary School
Neely's Bend Elementary
Middle School
Madison Middle
High School
Hunters Lane Comp High School
Listing courtesy of eXp Realty

Listings courtesy of Realtracs as distributed by MLS GRID



Based on information submitted to the MLS GRID as of 2024-05-16 09:35 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Neighborhood & Commute
Source: Walkscore
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