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USAALBridgeport60 Kensley Ln
60 Kensley Ln, Home with 0 bedrooms, 0 bathrooms and null parking in Bridgeport AL | Image 1
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$1,400,000

60 Kensley Ln, Bridgeport, AL

Real Estate

Sold

$--,---,---
$1,425,000
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  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential Income
Size 9406 sqft
Garage No
Taxes 
Lot Size 
Approx. Age 2023
Avg. Price Per Sqft $151
MLS® Number 2766321

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® Number2766321
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age2023
Basement
DrivewayDetached, Parking Lot, Paved
Garage Spaces
HeatCentral, Electric
A/CCentral Air, Electric
Heating Fuel

Extras

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