Bellwood Flats Development Site

Bellwood Flats Development Site

Murfreesboro, TN
Available
  • Property Type: Development/Land
  • Property Size: / 5 Acres / 80 Units

Overview

Capstone Land Sales is pleased to present the Bellwood Flats Development Site: a five-acre multi-family oriented opportunity located in Murfreesboro, Tennessee. The site is ideally located within five minutes of Interstate 24 and Middle Tennessee State University (MTSU). I-24 is the commuter-centric thoroughfare connecting Murfreesboro to downtown Nashville. The location is in an established, diversely zoned neighborhood garnering strong returns for single-family and moderately dense developments. MTSU is home to nearly 24,000 college students. Conversely, this area is also undersupplied for the emerging senior housing demand. In a municipality stringent on rezoning, the development site offers in-place RM-16 zoning, which allows the density of 16 units per acre. The combination of zoning and demand for student and senior housing positions this site for a variety of niche end uses: both for sale and for rent.

Contact Information

Austin Heithcock Investment Sales Advisor P: 615.477.1971
O: 800.746.3175 ext. 721
h.austin@capstone-companies.com
Adam Klenk Managing Director P: 615.861.9906
O: 800.746.3175 ext. 706
adam@capstone-companies.com
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