401 McGhee St - Apartments FOR SALE


Maryville, TN 37801- Maryville/Alcoa
$675,000 USD
865-603-9887
401 McGhee St, Maryville, TN for Sale
$675,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

401 McGhee St
Maryville, TN 37801
Maryville/Alcoa


HIGHLIGHTS

  • 8 Units Total
  • All Studio Style Units
  • Affordable Housing
  • Located in Maryville, TN - a fast growing submarket of Knoxville MSA

OVERVIEW

PWA Properties is pleased to present 401 McGhee Street, an 8-unit affordable housing community located in Maryville, TN. The property consists of 8 studio-style units and offers investors stable, contract-backed income with a Housing Assistance Payments (HAP) contract in place. The property is managed by a professional third-party management company, with management structured in accordance with HAP regulations. Maryville continues to benefit from its proximity to Knoxville and the greater Blount County region, supported by strong school systems, a growing employment base, and consistent residential demand. The market remains attractive for affordable and workforce housing investment, driven by steady population growth and limited housing supply across East Tennessee.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$223 USD /SF

# OF UNITS

8

PRICE/UNIT

$84,375

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

CC

APN/PARCEL ID

057D-E-044.00

ASK ABOUT THIS PROPERTY

Cohl MorganPWA PropertiesMore Info
865-603-9887

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Cohl MorganPWA PropertiesMore Info
865-603-9887

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