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    Townsend Multifamily Investment Opportunity
    Updated: Mar 26
    Townsend Multifamily Investment Opportunity

    7052 E Lamar Alexander Pkwy, Townsend, TN 37882

    $1,375,000
    8,940 sqft
    Prime location: Only 8 minutes from the entrance of the Great Smoky Mountain National Park.
    Recently renovated: Features brand‑new kitchenettes, fixtures, and furniture.
    Turn‑key property: Ready for immediate operation.
    Investment opportunity: 16 units in Townsend, TN.
    Proximity to attractions: Near Pigeon Forge and Gatlinburg.
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    1 active listing matches your search: Apartment Building for sale in Townsend, TN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    12-Unit Brick Apartment Building
    12-Unit Brick Apartment Building

    102 Asbury Way, Maryville, TN 37804

    $2,500,000
    12 units  12,804 sqft  2 buildings  Built 1979  brick  2 acres
    100% occupied

    Two brick buildings contain townhome-style residences with separate utility meters and parking at each unit.

    Utilities to site  12 x 2BR/1.5BA
    View details
    Furnished Short-Term Rental Portfolio
    Furnished Short-Term Rental Portfolio

    124 Roaring Fork Rd, Gatlinburg, TN 37738

    $2,680,000
    11 units  3,934 sqft  Built 1954  1.12 acres  Furnished

    Eleven furnished accommodations span a 1.12-acre Gatlinburg property with guest-oriented amenities and off-street parking.

    AT&T Fiber internet  Smart TV's
    View details
    Dudley Creek Apartments For Sale
    Dudley Creek Apartments For Sale

    445-447 Dudley Creek Road, Gatlinburg, TN 37738

    Contact for pricing
    5,022 sqft  Built 1970

    Six-unit multifamily property near Gatlinburg Parkway.

    View details
    12-Unit Brick Townhouse Community
    12-Unit Brick Townhouse Community

    102 Asbury Way, Maryville, TN 37804

    $2,500,000
    12 units  12,804 sqft  2 buildings  Built 1979  brick  2 acres
    $216,000 gross income

    Two residential buildings offer remodeled interiors, private patios, front-door parking, and separately metered utilities.

    12 x 2BR/1.5BA
    View details

    Townsend, TN Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Townsend, TN on our real estate platform. These investment opportunities span a total of 8,940 square feet of properties for sale, with an estimated market value of $1,375,000.

    Sale prices for apartment complexes in Townsend, TN average $1,375,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 2,800
    Population Growth (5Y) +4.1%
    Median Household Income $61,875
    College Educated 48.8%

    High-Yield Neighborhoods for Investment

    Identify Townsend submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    37882 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 2.06%
    Property Tax per SF $51.16 per SF
    Tax Rate vs County Average 0.52 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Blount County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Residential Income pricing trends in Blount County

    Residential Income

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    • 37882

    Featured Townsend Real Estate Agencies

    Realmo connects you with licensed Townsend CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Trillium Land Company LLC d/b/ Parkside Realty Services
    POB 485 Townsend, TN 37882
    Phone: (865) 216-6898
    parksiderealtyservices.com
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