Harpeth Development LLC has recently launched its latest residential project in East Nashville. Solo East Nashville is a condominium complex that is aimed at providing affordable housing in this part of the city. It is going to be a gated development. Solo East Nashville is a 130 units development that will feature one bedroom condos as well as two bedroom condos.
As far as the space of the condos is concerned, it is going to range from 750 to 975 square feet. The condos are likely to be priced from $150,000-$170,000. The company behind this development expects the condos to sell out quickly and is going all out with local advertisements to woo the buyers. All of the condos are going to feature all the modern amenities including exposed lighting and wood floors.
The developer has said that there is already a lot of interest in this development and they expect the condos to sell out quickly. As far as the total construction period is concerned, the developers expect the construction of the condos to be finished in around 12 months. The developer behind the project has also mentioned that he plans to expand this brand of affordable housing to other neighborhoods in Nashville in the future.
One of the biggest advantages of this new condo development is that it is extremely affordable. The developer has mentioned that their goal is to provide affordable accommodation to workforce including firefighters, musicians, cops, nurses and single mothers as the real estate prices have gone through the roof lately. It won’t be wrong to say that it is getting increasingly difficult for people to buy residential property due to economic environment and high prices.
The prices of this project are so low as the developer was able to acquire land for cheap and they have a lot of experience in developing affordable housing.