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Section 515 Multifamily Portfolio
For Sale
Contact for pricing
Pending

801 Grant Townhouse Dr, Maryville, TN 37804

USDA Section 515 participation supports affordable rental housing across this East Tennessee portfolio.

Property SizeContact for details
Days on Market144

Property Features for 801 Grant Townhouse Dr

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 90%

Additional Details

Multifamily Units 364
Listing Agency: PWA Properties
Listed By: Kevin Tipton · License #275491
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 2:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PWA Properties

Investment Insights

Based on property information with market context.

This East Tennessee apartment portfolio comprises nine properties with a combined 364 units. Each property participates in the USDA Section 515 Rural Rental Housing program, which provides financing for affordable rental housing in rural communities. Annual rental increases are determined by USDA, and many residents receive rental assistance.

Average occupancy across the portfolio is 90%. Existing management personnel and operational infrastructure are in place and may remain with the properties following a sale, supporting continuity across the portfolio.

Key Highlights

  • Nine‑property East Tennessee apartment portfolio
  • 364 total units across the portfolio
  • All properties participate in the USDA Section 515 program

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Skin Care Clinic Grocery & Convenience Store Garden Center Daycare Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

364
Residential units
90%
Occupancy

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby

Demographics for 37804, TN

27,075
Population
10,569
Households
2.6
Avg Household Size
40
Median Age
22%
College-Educated
89%
High-School Grad
34.9 sq mi
ZIP Area
776
Density / Sq Mi
$75,794
Median Household Income
$37,879
Median Earnings
$1,155
Median Rent
$224,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - USDA Section 515 participation supports affordable rental housing across this East Tennessee portfolio.
Where is this apartment building located?
The property is located at 801 Grant Townhouse Dr Maryville, TN.
What are key features of this property?
This property features: Nine‑property East Tennessee apartment portfolio; 364 total units across the portfolio; All properties participate in the USDA Section 515 program
(865) 210-0228 Call to check price and availability
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