- Entitled for 60 Apartment/Condominium & 8 Townhome Units
- Located in a Qualified Census Tract (QCT)
- Explosive Population Growth
- Strategic Nashville Suburb
- Regional Development Boom
- Robust Transportation Infrastructure
- Strong Growth Projections in Immediate Area
- Strong Affordability Runway – Relative to Davidson County
- High Retail/One-Off Trade Velocity
Entitled for 60 Apartment/Condominium & 8 Townhome Units
With current ownership having incurred most of the pursuit costs to this point in securing entitlements, developing plans, etc. – all one would need to do is review current plans in-place which maximize the density on-site and validate that it hits the return thresholds in order to move forward. By having the pursuits effectively done, an investor’s delivery timing to the market could not be better. Construction starts are down over 41% in Middle Tennessee – anyone who is delivering now will be a beneficiary of the Supply/Demand imbalance for years to come.
Explosive Population Growth
Lebanon was ranked among the nation’s 15 fastest-growing cities, experiencing an approximately 8.9% population increase from July 2023 to July 2024. Growth momentum continues with an anticipated 5.0% annual increase through July 2025, creating sustained housing demand.
Strategic Nashville Suburb
Located approximately 25 miles east of downtown Nashville, Lebanon serves as the eastern terminus of the WeGo Star commuter rail. This provides strong transit connectivity for future residents and offers exceptional proximity to Nashville’s core job market, making it a preferred choice for regional commuters.