KINGS CHAPEL AND GRAY ROAD DEVELOPMENT Details about 9.76 acres (3 parcels) in Perry that is For sale . It is already in the City, Zoned RM-2 for Multifamily and a Proposed Plan ( Drawing ) has been completed by an engineering firm. The City has approved the RM-2 zoning for this project which does state no entrance to Coventry Circle streets. Property is accessible thru Kings Chapel and Gray Road. This property is ready to purchase and finish approval process and start building it out. A Review of the code with previous City Engineer Bryan Wood was completed. He recommended that with RM-2 we could get 20 units / acre based on the below. RM-2 allows 20 units per... acre. The minimum lot area and various greenspace reductions allowed us to work towards getting 14 additional units into the development. The plan call for 66 Units as follows: Size 22x55 = 5 Units 25x50 = 36 Units 20x50 = 25 Units Property consists of 3 parcels with frontage on Kings Chapel Rd and Gray Rd Parcel # 0P44B0 035000 has 5.62 acres zoned RM-2 Parcel # 0P44B0 034000 has 2.30 acres zoned RM-2 Parcel # 0P44B0 01A000 has 1.84 acres zoned RM-2 Total acres = 9.76 378 ft Road Front on Kings Chapel Rd and 399 ft Road Front on Gray Rd