Rental rates for Apartments and Houses has SOARED in Nashville, TN
We are “enjoying” the ultimate “It City” phenomenon of being center stage in just about every conceivable way . . . Including our Nashville Predators SMASHVILLING our way to win the Stanley Cup.
All of this momentum is bringing @ 100 people into our MSA EVERY DAY, and all of those people gotta live SOMEWHERE, right?
This has created a virtually ZERO inventory real estate market . . . Any houses going on the market are selling IMMEDIATELY (Assuming they priced appropriately) and many with multiple competing offers.
Developers are building apartment buildings by the dozens and are fetching HIGH rents . . . Rents at rates that could be payments for @ $300,000+ mortgages for 1 Bedroom/1 Bathroom units under 700 square feet.
We know this will ultimately settle down and that many of today’s renters will become tomorrow’s Home and Condo BUYERS, so we keep on riding the wave 🙂
Yes – You CAN live here for a twice the living space and far more amenities than most any other rental option in Nashville.
Connect with Barry Owen 615-568-2123 or Barry@ParetoRealtyLLC.com for more information or to schedule a viewing.