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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.

Overview

Property Status
Sold
Lot Size
0.75 Acres
MLS ID
1504093
Property Type
Multi-Family
Year Built
2023

Features & Amenities

Total Area
7,488 Sq.Ft.
Architecture Styles
Contemporary
Water Source
Public
Pool
None
Roof
Shingle
Lot Features
Level
Parking
Off Street, Parking Lot, Paved
Heat Type
Central, Electric
Air Conditioning
Central Air, Electric
Other Interior Features
Breakfast Nook, Granite Counters, Tub/shower Combo
Sewer
Public Sewer
Substructure
Slab
Other Exterior Features
None
Elementary School
Bridgeport Elementary
Middle School
Bridgeport Middle
High School
North Jackson High
Sales Price
$1,150,000

Downloads

60 Kensley Lane, Lot B

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60 Kensley Lane, Lot B
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