Eastside Heights

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Eastside

2025 Summary

Development Costs Summary

$(35,722)

$(4,366)

$56,865

Leasing Update

*Leasing commenced late Q4 2024

LEASING NOTES

The Nashville market remains healthy, with strong renter activity and annual net absorption reaching 9,500 units—outpacing new deliveries by approximately 700 units. While leasing momentum has slowed slightly at this property, renewal performance has remained strong. In June, we introduced a full-service coffee shop on-site, which we believe will serve as a key differentiator, supporting renewal growth, rent increases, and new lease activity.

Comp Summary

EASTSIDE HEIGHTS APARTMENTS

Rent PSF: $2.42

Rent/Monthly: $1,896

Rent

Rent/Monthly:

Rent/Monthly: $1,870

Rent

Rent/Monthly:

Rent

Rent/Monthly: $1,946

Rent

Rent/Monthly:

Rent/Monthly:

C. THE LUCILE
PSF: $2.44
$1,722
F. THE STATION BY ALTA
Rent PSF: $2.41
A. STACKS ON MAIN
PSF: $2.84
$2,049
D. THE FLATS AT LAUREL AND PINE
PSF: $2.30
B. THE CLEO
PSF: $2.20
$2,044
E. MERIDIAN PARK
Rent PSF: $2.17
$1,890

Q2 Costar Market Trends

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