FARMHOUSE APARTMENTS
Murfreesboro, TN
288 Units
THE OPPORTUNITY
URS was able to acquire Farmhouse Apartments while under construction, prior to CO’s. Located in the top growth market of Mufreesboro TN, where URS already had a presence with the student-housing asset Cobalt Row, URS saw the opportunity to acquire a Class A property and expand its holdings in a market that due to its zoning, is extremely difficult to add new supply. Lease-up will run concurrently to finalizing construction, which should be completed in October 2023.