000 Kensley Lane

Description

New 10-Unit Multifamily Development Near Major Tech Expansion Welcome to 000 Kensley Lane - a premier new construction 10-unit apartment complex featuring all 2-bedroom, 2-bathroom units, scheduled for completion in July 2025. Designed for both durability and long-term value, the building boasts low-maintenance Hardie board siding, luxury vinyl flooring, custom cabinetry, and granite countertops throughout. Residents will enjoy front and back decks, ample parking, and unbeatable proximity to major area employers and infrastructure. Strategically located just one block from a newly constructed regional hospital and only one mile from Google's rapidly expanding data center campus, this property is poised to meet the rising demand for quality rental housing. Target rents are projected at $1,300 per unit, offering an excellent return for investors seeking stable cash flow in a growing market. Situated at 47990 Highway 72, Bridgeport, Jackson County, AL 35740, the site is part of a larger 72-acre master-planned commercial development that includes upcoming self-storage facilities, hotels, restaurants, and travel centers. Unprecedented Economic Growth in the Area Google has recently launched a new phase of construction at their largest global data center, which spans 700 acres. The initial phase includes 14-16 buildings, each ranging from 200,000 to 280,000 square feet. Over the next 10 to 15 years, this expansion is expected to bring 1,200 to 1,700 construction workers and ultimately support 1,400 to 1,600 full-time employees, creating sustained demand for local housing. Adding to the momentum, a solar power plant has also been announced in the immediate vicinity, signaling a continued influx of workers, infrastructure, and long-term growth potential for Bridgeport.