Clear opportunity to improve economic occupancy and drive rental rates
147 single-family homes either completed or in development directly behind the Freewill facility. Plans to nearly double that number in the near future
High projected returns, with projected 5-year levered IRR at 24%
Strong residential development momentum within the city with multiple new subdivisions underway, including the Hardwick Farm master-planned community with potential for 1,700 homes
Cleveland, TN is anchored by Whirlpool Corporation (1,535 employees), Amazon (1,100+ jobs), and Bradley Medical Center (~1,000 employees)