2222 Two Rivers Blvd - Apartments FOR SALE


Sevierville, TN 37876
$37,000,000 USD
865-603-9887
2222 Two Rivers Blvd, Sevierville, TN for Sale
$37,000,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

2222 Two Rivers Blvd
Sevierville, TN 37876


HIGHLIGHTS

  • Located in Booming Sevierville, TN
  • 120 Units
  • Class-A with High-End Finishes
  • Development Includes a Full Amenity Center & Pool

OVERVIEW

SVN | Wood Properties is pleased to exclusively present Smoky Mountain Flats, a new construction, class-A 120 unit apartment community development located in booming Sevierville, TN. Development is underway with two buildings set to be finished and delivered soon. The units will have high end finishes and the development includes a full amenity center and pool. The unit mix includes 48 three bedroom 2 bath units and 72 two bedroom two bathroom units. The seller will accept a forward contract and anticipates the completion of the development in Q4 of 2025 or Q1 of 2026. The property is located in Sevierville, TN which serves as the gateway to Pigeon Forge, Gatlinburg, and the Great Smoky Mountains National Park, which is the most visited national park in the United States. Sevierville is growing with many major developments planned including The Gateway to Adventure, a 198-acre retail commercial development that is less than 10 minutes from Smoky Mountain Flats. Across from the property will soon be a 270-acre sports complex and entertainment resort village that is sure to bring even more visitors to the Sevierville area.

FOR SALE DETAILS

PRICE

$37,000,000 USD

PRICE/SF

$255 USD /SF

# OF UNITS

120

PRICE/UNIT

$308,333

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Smoky Mountain Flats

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.37 AC

LAND SF

321,037 SF

ZONING

C3

APN/PARCEL ID

018P-A-025.00

ASK ABOUT THIS PROPERTY

Cohl MorganSVN | Wood PropertiesMore Info
865-603-9887

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Cohl MorganSVN | Wood PropertiesMore Info
865-603-9887

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.