A subdivision is a planned residential development where land is divided into individual lots—each containing a home. Subdivisions often come with uniform architectural styles, shared amenities, and an HOA to manage upkeep and community standards. For investors, homes in well-located subdivisions can be especially appealing to renters looking for quality schools, new infrastructure, and neighborhood feel. Meridian builds in carefully selected subdivisions across the Memphis metro where demand is high and growth is steady—enhancing long-term tenant retention and appreciation potential.