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The Cecilia

The Cecilia

The Cecilia is a 37-home, Class A luxury build-to-rental townhome community in the heart of Nashville's Wedgewood-Houston neighborhood. The community will consist of three- and four-bedroom townhomes featuring two-car attached garages, private outdoor spaces, and thoughtfully designed interior finishes. Coming Summer 2027.

453,000

SQUARE FEET

201

UNITS

719

BEDS

100%

CURRENT OCCUPANCY

100%

PRELEASED (2024-2025 School Year)

$106 MM

BUILD COST ($000s)

$PSF: $235
$Per Bed: $148K

10 YEARS

HOLD PERIOD (Projected)

$141 MM

APPRAISED VALUE (June 2024)

Location: Auburn, Alabama
Status: Completed, Owned
Property Type: Mixed-Use Student Housing