Nashville Multifamily Market

Nashville is the 20th most populous city in the U.S. and is the largest city in the state of Tennessee.^[1] The metro’s inflation adjusted economic output had expanded by 1.9% year-over-year by the end of Q3 2022, but the unemployment rate of 2.8% was far below the national average of 3.8%.^[2] Nashville employers are providing many high paying jobs in the higher education, automotive, healthcare, and technology sectors, in addition to the music and tourism industries. Names such as Vanderbilt University, Nissan, HCA Healthcare, and Asurion being among the major employers.^[3]

Nashville’s rental market reflected the area’s growth, with effective asking rents up 14.0% year-over-year and occupancy at 95.8% at the end of 3Q 2022. The robust job growth has attracted the attention of developers though, and there is a substantial amount of new supply on the way. At the end of 3Q 2022 there were 25,700 new units under construction, and 13,598 units are expected to be delivered over the next year.^[4]

Despite the new supply on the way, the market is expected to continue to perform well in 2023. RealPage forecasts effective asking rents to increase an additional 2.4% in 2023, with occupancy slightly dipping to 94.9%.5 Because of the steady job market and housing fundamentals, CWS believes the Nashville multifamily market remains very attractive in the long term.

Contact us to learn about our Nashville real estate investment strategy. To view our Nashville property, please visit our affiliated CWS Apartment Homes website.

Disclaimer: The information provided here is for your general informational purposes only. It should not be considered a recommendation or personalized advisory advice. All investments involve risk including the possible loss of principal. You should familiarize yourself with all risks associated with any investment product before investing.

Advisory services are provided by CWS Capital Partners LLC, a registered investment advisor. Securities offered by CWS Capital Partners LLC are through an affiliated entity, CWS Investments. CWS Investments is a registered Broker Dealer, member FINRA, SIPC.

References:

^[1] https://worldpopulationreview.com

^[2] RealPage 3Q22 Nashville-Davidson-Murfreesboro-Franklin, TN Market Report (Page 3)

^[3] nashvillechamber.com

^[4] RealPage 4Q22 Seattle Market Performance Summary (Pg. 1)

➤ Disclosure :

The property pictures featured throughout this website have already been capitalized by CWS investors and are not available for investment. Past performance is no guarantee of future results.

This website is provided to you by CWS Capital Partners. CWS Capital Partners provides investment advice to its proprietary funds. Through its affiliate CWS Apartment Homes it offers real estate related advice. Investment opportunities may be in the form of a single property offering or a pooled investment vehicle and are through an affiliated entity, CWS Investments. CWS Investments is a registered broker dealer, member FINRA SIPC. The information on this website is not intended to be investment advice or an offer; offers can only be made with the private placement memorandum and offering documents.

Private placement real estate securities offerings are speculative and involve substantial risks. Risks may include, but are not limited to, illiquidity, lack of diversification, loss of capital, default risk, environmental, development, and capital call risk. Investments may not achieve their objectives as outlined in their business plans.

For more information about CWS Capital Partners see its Form ADV. For information about CWS Investments see its Form CRS and FINRA Broker Check .