New Construction in West Tennessee
If you are shopping for a new home and want to find something in great shape with all the latest conveniences, try looking at new construction properties in Millington TN and the Greater Memphis area. Newly built homes can offer a lot of great value, especially when built in opportunity zones. Millington, just outside of Memphis and the site of the Naval Support Activity Mid-South base, just received two major new zones.
West Tennessee is notable for its low cost of living and affordable housing market. With the added tax benefits of new construction, it can be a great place to find a new residence or to make a real estate investment.
New Construction Homes
West Tennessee is seeing a lot of new construction including some beautiful properties in Memphis and its metropolitan area. We have several listings for new, single-family homes between $85,000 and $125,000. These include as many as four bedrooms and come with many great amenities.
The new construction homes in Millington TN are some of the best and most affordable. The town recently received two new opportunities zones and six construction zones. This is bringing over 100 new homes to the market. Additionally, this construction boom has helped bring over 400 acres of solar farms to the area. So, you can be proud to receive renewable electricity in the region.
Tennessee’s opportunity zones are targeted at spurring construction in areas that would benefit from new capital. This can include residential developments as well as commercial. The latter type of construction is also helping to bring new jobs and opportunities to the region.
The new commercial properties in Memphis TN are helping to bring even more industry to the transportation hub. West Tennessee is well-positioned to experience an economic boom with these new incentives, its strategic location and the rich natural resources.
Buying Investment Properties
There are some great opportunities for real estate investment as well. For example, investment properties in Jackson TN can earn a significant return as the real estate market has been growing steadily. Investments in new commercial properties in Memphis TN are also likely to earn a good return. At Five Star Real Estate Services, LLP, we are here to help you achieve your real estate investment goals.
Whether you are interested in investment properties in Jackson TN, new construction in Millington or commercial buildings in Memphis, Five Start Real Estate Services, LLP is here for you. We serve the entire West Tennessee area. Contact us today to learn more.