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2513 Nashville Hwy Columbia, TN 38401

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254-unit multifamily property in Columbia/Spring Hill, TN, near Nashville.

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Listing Contact
Tarek El Gammal
Source: Nmrk

Listing Agent: Tarek El Gammal

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

New Multifamily Development in Columbia

City Limits is a 2023 development featuring 254 units in Columbia/Spring Hill, Tennessee. This area, recognized as an exurb of Nashville, offers an alternative for those seeking affordable living near the job centers of Franklin/Cool Springs. A recently announced multifamily moratorium in Spring Hill is expected to limit new supply in the coming years. Columbia/Spring Hill has demonstrated high absorption rates over the past seven years, outpacing Williamson County. High single-family home prices in the area support rental demand. City Limits offers a comprehensive amenity set compared to nearby competitors. The local population's affordability of rents at City Limits ensures a stable demand base. Columbia/Spring Hill has low unemployment rates within the Nashville MSA and anticipates an annual population growth rate of 2.2%. Positioned 15 miles from Franklin, City Limits benefits from lower home prices compared to Franklin, while providing access to 145,000 jobs in Franklin and Cool Springs. The presence of the GM plant and the Ultium Cells battery facility have contributed to economic growth in Columbia/Spring Hill since 2011.
Location Intelligence

Current Use by Public Records

City Limits Spring ... Apartment Building Columbia project Apartment Complex

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Columbia
County
Maury
State
Tennessee
Longitude
-86.97699
Latitude
35.70839

FAQs

What type of property is this?
Apartment building - 254-unit multifamily property in Columbia/Spring Hill, TN, near Nashville.
Where is this apartment building located?
The property is located at 2513 Nashville Hwy Columbia, TN.
What are key features of this property?
This property features: - New MF Moratorium in Spring Hill will effectively cut off new supply for years.; - High Single-Family Home Prices: Benefit from the $1,261/month difference between renting at City Limits and home ownership.; - Proven Demand: Columbia/Spring Hill has seen exceptional absorption rates over the last 7 years.
More about this property
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