Investment Overview

Park Place Acres is a future residential subdivision in Covington, TN. Covington is conveniently located between Memphis and Dyersburg while offering easy access to Brownsville and Ripley. Phase 1 of the subdivision will encompass approximately 45 acres at the west end of Bert Johnston Rd just off Hwy 51. Phase 1 is entitled for 133 lots subject to the approved development construction plans. There is up to 189 acres available. The additional acreage provides an opportunity to build out 2 other phases. This future subdivision is located west of Hwy 51 on Bert Johnston adjacent to Covington Middle School and the Covington Municipal Park that includes baseball and soccer facilities. This subdivision will mark Covington’s first new residential development in the last 20 years. The close proximity to Ford Blue Oval City will help Park Place Acres become a coveted address for employees of Ford or one of many vendors in and around Blue Oval.