PWA Properties is pleased to present Magnolia Court Apartments, an 8-unit multifamily property located at 301 S Magnolia Street in Maryville, Tennessee. The property is comprised 2-bedroom, 1-bathroom units, with 7 of the 8 units currently occupied, providing immediate in-place cash flow and upside through lease-up potential. $100,000+ of capital improvements have recently been completed including full unit renovations of select units, new electrical, water heaters, laundry facility, and more. Situated in one of East Tennessee’s most desirable and steadily growing markets, Magnolia Court benefits from Maryville’s strong local economy, proximity to major employers, and convenient access to shopping, dining, and outdoor amenities near the Great Smoky Mountains.
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