The Cannon

About The Cannon

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Cannon, a 53-unit built-to-rent community located in Hixson, Tennessee. This asset is situated in the highly sought after Hixson submarket of the Chattanooga MSA. Located less than 20 minutes from Downtown Chattanooga and less than 5-miles from Chickamauga Lake, one of the nation’s most popular lakes, The Cannon offers residents luxurious scenic living in Tennessee’s fourth largest MSA. Market-wide vacancy has decreased 300 BPS over the past 12 months, new deliveries are down 23% YoY, and less than 305 BTR units are expected to deliver in the Chattanooga MSA through December 2027. With first deliveries in Q4 2026, The Cannon offers an outstanding opportunity to invest in brand new townhomes from leading national homebuilder, D.R. Horton, with an attractive basis to nearby construction.