Whetstone Flats

What Whetstone Flats does

Whetstone Flats is a luxury Class A multifamily community located in Nashville's Antioch submarket, operated by Buckingham Management, LLC. The community offers 10 floor plans across one-, two-, and three-bedroom configurations in both Phase I and Phase II inventory, with rents ranging from approximately $1,232 to $2,914 per month. On-site amenities include a resort-style pool, fitness center, clubhouse, and a differentiated pet-focused offering that includes a dedicated pet spa, multiple pet parks, and dog runs.

The business model is direct-to-consumer residential leasing. Resident acquisition is driven by organic digital marketing, a property website, and a Preferred Employer Program that delivers incentives to employees of partner organizations. Leasing and resident services are executed through the RentCafe platform, the Yardi-owned online leasing and resident portal used widely across institutional multifamily. Revenue is generated through monthly base rent plus ancillary fees (parking, storage, pet rent), with limited-time move-in incentives (such as one month free or $1,000 off select units) used to manage lease-up velocity.

Strategic emphasis is on differentiating within the Antioch submarket via location near I-40 and I-24, proximity to BNA Nashville International Airport and major employers, and the pet-friendly amenity package. The community is staffed by an 11–50 employee operating team consistent with on-site property management rather than a multi-asset operating platform.

Name

Whetstone Flats

Legal name

Whetstone Flats (operated by Buckingham Management, LLC)

Website

https://whetstoneflats.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Whetstone Flats is a Class A luxury apartment community in Nashville's Antioch submarket, operated by Buckingham Management, offering 10 one- to three-bedroom floor plans across Phase I and Phase II with pet-focused amenities and direct-to-consumer leasing.

Ownership category

akta.pro rank

Headquarters

HQ city

Nashville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Residential Apartment Leasing: Core revenue from monthly apartment rentals across 10 floor plans ranging from studios to 3-bedroom units. Rents range from approximately $1,232 to $2,914 per month depending on unit size, floor plan, and phase. Minimum lease terms of 13 months. Additional revenue from detached garages, attached garages, and storage spaces.
2. Move-In Incentives: Limited-time leasing promotions including 1 month free rent for move-ins by 7/25/26 or $1,000 off for move-ins by 8/31/26 on select Phase I units. Phase II 2-bedroom homes receive 1 month free; 1-bedroom homes receive $1,000 off for qualifying move-in dates.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Whetstone Flats is a luxury apartment community in south Nashville, TN that leases one, two, and three-bedroom residences across two development phases (Phase I and Phase II) under recurring monthly rental subscriptions. The community supplies modern in-unit features (smart USB outlets, electronic/Nest thermostats, stainless steel appliances, granite countertops, in-unit washer/dryer) and resort-style shared amenities (pool, fitness centers, indoor basketball court, pet spa, gated access). Operations, leasing, payments, and service requests are delivered through the RentCafe property management platform, with monthly rents ranging from approximately $1,232 to $2,914 and ancillary revenue from garages, storage, and pet accommodations.

Product overview

Whetstone Flats is a luxury apartment community in Nashville, TN (Antioch area) managed by Buckingham Management, LLC. The community offers 10 distinct floor plan products across Phase I and Phase II developments: Marble, Slate, and Granite (1-bedroom units ranging from 723-844 sq ft); Obsidian, Galena, Breccia, Sandstone, Travertine, and Siltstone (2-bedroom units ranging from 1,125-1,240 sq ft); and Scoria (3-bedroom, 3-bathroom unit at 1,333 sq ft). Phase II offers upgraded amenities including Nest thermostats, soft close cabinets, and under-mounted sinks, while Phase I features smart outlets and granite countertops. The community provides extensive amenities including swimming pool, fitness centers, indoor basketball court, pet facilities, and car wash. The property uses RentCafe property management software for resident services and online leasing.

Differentiator

Problem solved

Functional benefit

Products and services

• Marble Floor Plan 1-bedroom, 1-bathroom apartment of approximately 723-766 sq ft with living-dining-kitchen area, walk-in closet, pantry, and in-unit washer/dryer. Available in both Phase I and Phase II with monthly rents starting at $1,232.
• Slate Floor Plan 1-bedroom, 1-bathroom apartment of approximately 795 sq ft with living-dining-kitchen area, bedroom closet space, pantry, and in-unit stacked washer/dryer. Only available in Phase II with monthly rents starting at $1,395.
• Granite Floor Plan 1-bedroom, 1-bathroom apartment of approximately 844 sq ft with living-dining-kitchen area, walk-in bedroom closet space, pantry, and in-unit washer/dryer. Only available in Phase I with monthly rents starting at $1,285.
• Obsidian Floor Plan 2-bedroom, 2-bathroom apartment of approximately 1,125 sq ft with living-dining-kitchen area, walk-in closets in both bedrooms, pantry, and in-unit stackable washer/dryer. Only available in Phase II with monthly rents starting at $1,615.
• Galena Floor Plan 2-bedroom, 2-bathroom apartment of approximately 1,129 sq ft with living-dining-kitchen area, walk-in closets in both bedrooms, pantry, and in-unit washer/dryer. Only available in Phase I with monthly rents starting at $1,531.
• Breccia Floor Plan 2-bedroom, 2-bathroom apartment of approximately 1,130 sq ft with living-dining-kitchen area, walk-in closets in both bedrooms, pantry, and in-unit stackable washer/dryer. Only available in Phase II with monthly rents starting at $1,610.
• Sandstone Floor Plan 2-bedroom, 2-bathroom apartment of approximately 1,185 sq ft with living-dining-kitchen area, walk-in closets in both bedrooms, pantry, and in-unit washer/dryer. Only available in Phase I with monthly rents starting at $1,562.
• Travertine Floor Plan 2-bedroom, 2-bathroom apartment of approximately 1,235 sq ft with living-dining-kitchen area, walk-in closets in both bedrooms, pantry, and in-unit stackable washer/dryer. Only available in Phase II with monthly rents starting at $1,765.
• Siltstone Floor Plan 2-bedroom, 2-bathroom apartment of approximately 1,240 sq ft with living-dining-kitchen area, walk-in closets in both bedrooms, pantry, and in-unit stackable washer/dryer. The master bedroom is styled to include a work-from-home space. Only available in Phase II with monthly rents starting at $1,770.
• Scoria Floor Plan 3-bedroom, 3-bathroom apartment of approximately 1,333 sq ft with living-dining-kitchen area, walk-in closets in two bedrooms, pantry, and in-unit stackable washer/dryer. Largest floor plan offered. Only available in Phase II with monthly rents starting at $2,190.
• Phase I Apartments Phase I apartment homes featuring stainless steel appliances, plush carpeting in bedrooms, designer faux hardwood in common areas, granite countertops, 9-foot ceilings, pendant accent lighting, extra storage, smart outlets, private verandas, and full-size washers and dryers. Community amenities include catering kitchen, fitness center, private garages, pool with tanning ledge, outdoor kitchen, pet park, and controlled/gated access.
• Phase II Apartments Phase II apartment homes including all Phase I amenities plus soft close cabinets, under-mounted sinks, and Nest thermostats. Select units offer wooded scenery or pool view options. Additional amenities include a new fitness center, gated access entry, extra garage and storage spaces, indoor basketball court, two additional pet parks, pet spa, additional clubhouse, indoor and outdoor lounges, and car wash.
• Community Amenities Package Luxury community amenities including brand-new amenity center with swimming pool, indoor and outdoor fitness centers, pet park with agility equipment, 24-hour online leasing/payments/service requests, amenity lounge with fireplace, bike storage, gated community access, catering kitchen, controlled access buildings, courtesy officer, detached private garages, housekeeping services, on-site maintenance/management, playground, private car wash station and pet spa, private meeting area, indoor basketball court, surface parking, two outdoor kitchen grilling areas, and non-smoking community.
• Preferred Employer Program Discount program for employees of partner companies including First Responders, Active & Retired Military, Amazon, Nissan, Bridgestone, Dell, Asurion, Deloitte, and TriHealth. Qualifying employees receive corporate move-in discounts and preferred leasing terms.
• Limited-Time Savings Phase I Leasing Offer Leasing offer providing 1 month free rent for move-ins by 7/25/26 or $1,000 off for move-ins by 8/31/26 on select Phase I units. Minimum lease term of 13 months with restrictions applying.
• Limited-Time Savings Phase II Leasing Offer Leasing offer for Phase II: 2-Bedroom homes receive 1 month free when moving in by 7/25/26; 1-Bedroom homes receive $1,000 off when moving in by 7/25/26 or 8/31/26. Minimum lease term of 13 months.

Quantifiable outcome

• Residents receive up to 1 month free rent or $1,000 off for qualifying move-in dates

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

One partnership is on record.

• Preferred Employer Partners (Amazon, Nissan, Bridgestone, Dell, Asurion, Deloitte, TriHealth)minorGTM or Marketing PartnerWhetstone Flats offers corporate discount programs for employees of these major Nashville-area employers, providing move-in incentives and preferred pricing to employee renters. The program extends to first responders and active/retired military personnel. This partnership drives employee housing referrals to the property.

Scale indicators4 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• AvalonBay Communities: Large publicly traded multifamily REIT operating Class A apartment communities across high-growth US markets. Comparable resident profile and amenity-driven product strategy.
• AMLI Residential: Luxury multifamily owner-operator with established Nashville presence. Comparable Class A apartment product with similar amenity-rich positioning and corporate relocation appeal.
• Greystar Real Estate Partners: Largest US apartment property manager and vertically integrated multifamily operator. Comparable in operating platform (RentCafe/Yardi) and manages many similar amenity-rich suburban communities including in Nashville.
• Equity Residential: Major multifamily REIT with high-quality urban and suburban apartment portfolio. Comparable Class A product and corporate/professional renter targeting.
• Camden Property Trust: Multifamily REIT with a significant Southeast US footprint including Nashville-area communities. Comparable suburban Class A garden-style product targeting similar renter demographics.
• Lincoln Property Company: Diversified national real estate operator with substantial multifamily ownership and management. Comparable in operating multifamily communities across Sun Belt markets with similar amenity positioning.
• Cortland: Multifamily owner-operator focused on luxury, amenity-driven apartment communities. Comparable Class A product positioning with similar smart-home features and resort-style amenities.
• Avenue5 Residential: Large third-party multifamily property manager operating amenity-rich apartment communities across the US. Comparable as a peer property management platform serving similar Class A suburban assets.
• Bell Partners: Privately held multifamily owner and third-party manager operating across the Southeast US. Operates Class A and B garden-style apartment communities comparable to Whetstone Flats in product and geographic footprint.
• MAA (Mid-America Apartment Communities): Large, publicly traded multifamily REIT headquartered in Tennessee with a deep Nashville/Southeast portfolio. Operates garden-style and Class A apartment communities directly comparable to Whetstone Flats in geography, scale, and resident demographics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/WhetstoneFlats

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Whetstone Flats