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The Pointe at Bailey Cove is a 124-unit 1971 garden apartment community in Huntsville, Alabama. This property boasts a stable community of both long-time new and new residents. Improvements raised rents one 1 bedroom apartments from the mid $700s to $1200.
Heritage Place Apartments is a 105-unit 1985 apartment community in Franklin, Tennessee. A coveted neighborhood south of Nashville, Franklin is home to the best schools in Tennessee and one of the favorite "old town square" getaways in the state. The renovations to Heritage Place included interior and exterior enhancements that raised rents on 2 bedroom units from $1,400 to $1,895.
300 Hickory a 276-unit 1986 apartment community in the southeast submarket of Nashville, Tennessee known as Antioch. Antioch is one of the city's most active areas for top drawer redevelopment. In fact, there are three developments in the Nashville MSA that exceed a $1 billion initial investment. Two are downtown being delivered by Amazon and Oracle. The third is Century Farms in Antioch. Century Farms is a $1.4B multi-use development 1 mile from 300 Hickory. Rental premiums are reaching as much as $400 per unit in this soon-to-be prestigious part of the city.
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