For Sale
$995,000

1381 Louisville Hwy Goodlettsville, TN 37072

Shovel-ready, 60+ unit potential. Prime location.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 2.85-acre parcel in Goodlettsville, Tennessee, presents a unique opportunity for multifamily development. Currently approved for a 60-unit apartment complex, this fully entitled, shovel-ready site offers significant upside potential. The property is conveniently located at 1381 Louisville Hwy, Goodlettsville, TN 37072, within Sumner County. Its strategic positioning offers easy access to major transportation arteries, with Interstate 65 at US 31W just 3.5 miles away. The land is priced below a recent appraisal, representing a compelling investment opportunity. The existing approvals allow for immediate commencement of construction on a 60-unit complex. Furthermore, the project's design allows for potential expansion, with the possibility of increasing the unit count to approximately 90 units, subject to necessary approvals and permits. This makes this property ideal for developers seeking a quick start on a high-demand project in a thriving area. Don't miss this chance to acquire a fully entitled, shovel-ready multifamily development site at a below-appraisal price.

Property Details for 1381 Louisville Hwy

Property type
Land
Lot Size (sq. ft)
124,146 SF

Location Insight

City
Goodlettsville
County
Sumner
State
Tennessee
Latitude
36.391415123308
Longitude
-86.691961114262

FAQs

What type of property is this?
Land - Shovel-ready, 60+ unit potential. Prime location.
Where is the land located?
The property is located at 1381 Louisville Hwy Goodlettsville, TN.
What is the asking price?
The asking price for this property is $995,000.
How can I contact the broker?
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1381 Louisville Hwy
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