Vantage at Murfreesboro

Vantage at Murfreesboro

View Offering Memorandum and Financials

Offering Summary:

  • Location: Murfreesboro, TN
  • Year Built: 2020
  • Units: 288

Investment Highlights:

  • Featuring 288 FIRST-GENERATION VALUE-ADD UNITS located in HIGH-GROWTH SUBMARKET
  • Located near twenty miles from Nashville, the asset offers access to Interstate 24 and Interstate 840 along the booming Southeast Nashville Corridor
  • EXCEPTIONAL RENT GROWTH THROUGH LEASE UP: Vantage at Murfreesboro has increased market rents five times over the last 12 months
  • STRONG SUBMARKET DYNAMICS: +14.5% rent growth over last five years, nearby home sales averaging $400k+, 20% five-year population growth, 3.4% unemployment, and +38% five-year change in HHI
  • Adjacent to the SEVENTH LARGEST HOSPITAL IN TENNESSEE, Ascension Saint Thomas Rutherford Hospital recently announced a $110 million expansion project in order to keep pace with the growing Murfreesboro submarket

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