Prime Investment: Housing in Johnson City 109 Wesley St Terrain 2,02 – 8,09 ha À louer Johnson City, TN 37601

The proposed site is well-located, offering convenient access to essential services, schools, shopping areas, major hospitals and treatment facilities, and employment hubs. The land is zoned for industrial use, but the city will help and support a zoning change for residential or mixed residential use. No significant environmental or topographical challenges were evident. Johnson City has experienced steady population growth and an increasing demand for affordable housing. The target market for these townhomes includes young professionals, families, and retirees. Comparative market analysis indicates a high absorption rate for similar properties in the area, with potential sales prices ranging from $525,000 to $560,000 per unit, which aligns with the local market expectations. The development of higher-end rental apartments is also justified. All necessary permits and approvals, including zoning, building codes, and environmental regulations, are obtainable. There are no significant legal barriers to the development, though ongoing coordination with local planning authorities will be necessary to ensure timely approvals. There have been numerous discussions with the Mayor and other city officials within Johnson City, Tennessee, and they promise to offer any necessary help and support to make this much-needed development work.