Livdev.comLivdev.com

Livdev.comLivdev.com

Livdev.com
  • Property Type: Mid-Rise
  • Average Rent/SF: 1.66
  • Year Built: 2015-2017

The Cleo is a 291 unit Class A, investment grade multifamily development located on the largest site in the heart of East Nashville, Nashville’s most vibrant infill neighborhood. The project is a luxury development consisting of five-story buildings, 17 townhomes and parking structures. The project features a spacious clubhouse which encompasses a cyber café with a coffee bar, resort-style pool, courtyard with bocce court, outdoor fire pit, concierge services, resident lounges and state of the art fitness studio complete with a Cross Fit training area. Some of the unit highlights include granite countertops, 9’ plus ceilings, ceramic tile backsplashes, tile and granite bathroom details, stainless steel appliances, full-size washers and dryers, designer lighting and plumbing fixtures, faux wood flooring, walk-in closets and espresso wood cabinets. The Cleo is located just east of downtown Nashville. LIV Cleo benefits from being in the heart of one of the nation’s strongest economic growth stories. In recent years, Nashville has emerged as a national leader in job growth, population growth and multifamily rent growth. Within a short drive of Downtown, the State Capital and West End, residents of The Cleo will have easy access to the city’s largest employment centers but at a price that is 15-20% less than other new apartments within close proximity to the city center. Construction began in summer 2015 and is scheduled to be completed in winter 2016. The property will be managed by Fogelman Management Group based in Memphis, TN.


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