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Villa Court Apartments 2 Multifamily Properties Offered at $2,652,248 CAD in Maryville, TN
EXECUTIVE SUMMARY
SVN | Wood Properties is proud to present Villa Court Apartments, an 18-unit apartment community located in Maryville, TN. Situated in a desirable residential area, the property offers well-maintained, comfortable living spaces with convenient access to local amenities, employment centers, and the scenic beauty of the Smoky Mountains.
Sixteen of the eighteen units feature well-maintained but legacy finishes, offering investors stable cash flow today with clear potential for value-add upgrades. Current rents trail market by approximately $200 per unit, providing immediate upside through interior improvements and management efficiencies. This C-class property, located in a B-class area, is primed for continued rent growth and long-term appreciation.
Maryville, Tennessee, offers a stable residential market supported by a strong and diverse employment base. The city benefits from its proximity to Knoxville while maintaining its own economic drivers, including major employers in manufacturing, healthcare, and education. This combination of steady job growth and accessible housing options contributes to consistent demand across the local housing market.
Sixteen of the eighteen units feature well-maintained but legacy finishes, offering investors stable cash flow today with clear potential for value-add upgrades. Current rents trail market by approximately $200 per unit, providing immediate upside through interior improvements and management efficiencies. This C-class property, located in a B-class area, is primed for continued rent growth and long-term appreciation.
Maryville, Tennessee, offers a stable residential market supported by a strong and diverse employment base. The city benefits from its proximity to Knoxville while maintaining its own economic drivers, including major employers in manufacturing, healthcare, and education. This combination of steady job growth and accessible housing options contributes to consistent demand across the local housing market.
PROPERTY FACTS
| Price | $2,652,248 CAD | Number of Properties | 2 |
| Price / SF | $254.49 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 10,422 SF |
| Status | Under Contract | Total Land Area | 0.28 AC |
| Price | $2,652,248 CAD |
| Price / SF | $254.49 CAD / SF |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 10,422 SF |
| Total Land Area | 0.28 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 112 Villa Ct, Maryville, TN 37801 | Multifamily | 7,222 SF | 1989 | - |
| 136 Villa Ct, Maryville, TN 37801 | Multifamily | 3,200 SF | 1990 | - |
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Villa Court Apartments
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