Rare LDP-approved townhome development opportunity in the City of Newnan. Kendall Creek Townhomes offers approximately 4.115 acres approved for an 11-unit townhome community—giving a builder the opportunity to move forward with substantially less entitlement work, expense and uncertainty. The completed development package includes civil plans addressing site layout, grading, roads, stormwater management, sewer, utilities, erosion control and landscaping. The approved design provides two proposed access points from Frank Street and Pope Lane. Conceptual architectural renderings are also available. Located minutes from Downtown Newnan, shopping, dining, schools and major transportation routes, this infill site is positioned to serve the continued demand for thoughtfully designed housing in the Newnan market. Offered at $549,000—approximately $49,900 per approved townhome unit—the property has been priced aggressively for a timely sale. An excellent opportunity for a townhome builder, residential developer or build-to-rent investor seeking an approved project in a growing Metro Atlanta market. Full civil plans, LDP documentation, conceptual rendering and additional due-diligence materials are available upon request. Buyer should independently verify all approvals, utility capacity, development requirements and associated costs.
Listing courtesy of HomeSmart.
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