Occupancy rate refers to the percentage of time a property is rented versus vacant. A 100% occupancy rate means the property is continuously generating rental income. For investors, it’s a key performance metric that impacts cash flow and overall returns. Markets with high occupancy rates—like the Memphis suburbs—offer more stability and lower vacancy risk. Meridian maintains strong leasing practices and high tenant retention to keep occupancy rates high, helping our clients achieve steady and predictable returns.