Seeking Advice on Multi-Family Property in Mursfreesboro TN and S

[David S.]

I have been presented with an opportunity to invest in a couple of 250+ apartment unit syndications in Murfreesboro and Spring Hill Tn areas. These are class A properties built around 2017 so would also be interested to what extent these would appeal to those that work in Nashville?

I am doing my own due diligence but would also like feedback from others in the local area as to

- Whether these are worthwhile areas to consider if one wanted exposure to the metro Nashville market.

- Is one of these areas better then the other and why?

- These properties are both about 30 miles south of downtown Nashville. So do these areas really appeal to commuters who work in the city of Nashville?

- How resilient would these areas be when the next recession comes.

Thanks in advance for your input.

[David S.]

@Mark Gliebe. Thank you for the info....Given the tornadoes that recently spun through the Nashville area and the ensuing damage as shown in all the media reports, can you offer any comments on how an investor should think about tornado risks in the Nashville/Tennessee area?

I am from California so we have to recognize uninsurable earthquake risks but wondering how to think about tornado risks and if maybe they might be similar to say hurricane risks in investing in Florida for example.