Map pin3825 Hixson Pike, Chattanooga, TN, 37415, US

Meadow Creek & River City North

Meadow Creek & River City North_Property for Sale

Attributes

Units
192

Asset description

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to exclusively offer for sale Meadow Creek and River City North, two premium LIHTC properties totaling 192 units. Both Properties are strategically positioned in thriving Tennessee markets: Meadow Creek in Goodlettsville, just a 15-minute drive from downtown Nashville, and River City North, located in Chattanooga. Situated directly in the path of growth for their respective regions, both Assets are leasing all new move-ins at or near max LIHTC rents and promise strong potential for long-term value appreciation. Finally, Meadow Creek also offers a near-term conversion to market-rate when the LIHTC LURA expires in 2033. 

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Investment highlights

Meadow Creek

  • Robust Recent Leasing with Ability to Absorb Max Rents
  • Exceptional Submarket Growth Bolsters Future Demand
  • Conveniently Located in the Direct Path of Growth
  • Located in the Premium Nashville Metro

River City North

  • Robust Recent Leasing Drives Rent Growth
  • Institutional Capital Enters Chattanooga
  • Located within the Booming Chattanooga Metro
  • Lack of Supply and Excellent Demographics Drive Future Demand
Meadow Creek & River City North 4_Property for Sale
Meadow Creek & River City North 4_Property for Sale
Meadow Creek & River City North (0 Properties)

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Last updated
Apr 23, 2025