

NEW PRICE - Patterson Row
NEW PRICE - Hernando MS Land Entitled for 10 Townhomes
Marketing description
Patterson Row is a gated planned townhouse community that provides urban living in Historic Downtown Hernando, MS. This project is approved for 10 townhouses. Two buildings are planned that would accommodate 5 units per building. The project can be developed in 2 Phases with Phase 1 beginning at the southeast corner of Hwy 51 and Southern St. The minimum heated square footage requirement for each unit is 1,850 sf.
Downtown Hernando has experienced positive growth over the course of the last few years. New restaurants and apartments on the north side of the square have increased foot traffic downtown, which bodes well for retailers. The Patterson Row project is located between the Courthouse Square and the round about intersection at Oak Grove Rd to the south. This portion of Hwy 51 has experienced consistent new retail development over the past few years with limited land opportunities available. There are also very few housing options in the downtown area and none that provide an opportunity for ownership. This project offers an opportunity for high density development in a thriving corridor with small town feel.
Investment highlights
Rare opportunity to develop in the downtown Hernando area
Rare high density residential zoning
A desired product with no competition in the market
All townhouses designed with porches, balconies, and a 2 car garage
Property has been cleared and all utilities are on site
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