48-Unit Garden-Style Apartment
198 Manor Drive, Sneedville, TN 37869
For Sale
New
$3,750,000
Commercial Sale, Sneedville, TN
Property Size13 SF
Lot Size5.50 Acres
Price / SF$288,461
Days on Market4
Property Features for 198 Manor Drive
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
Fencing
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Currently Operating
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
mountain views
office
laundry room
maintenance room
Building Details
Year built
Floors in Building
Building materials
Architectural style
Buildings
Listing Agency:
Elite Realty Group
(423) 307-8566
Listed By:
Kim Roberts · License #328446
(423) 312-8251
Added: Nov 3
Changed: Nov 6
Last Checked: Nov 6 at 9:06PM
MLS# 713482
Copyright © 2026 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Set across 5.5 acres, this apartment community comprises 48 units in 12 garden-style buildings. Each apartment has two bedrooms and one bathroom. An office, laundry room, and maintenance room are located on site. The property was built in 1976 and has central air conditioning, electric and central heating, and hot water heating. Public water and sewer serve the property, with cable available.
The apartments participate in the Rural Development rental assistance program. The community is in Sneedville, Tennessee.
The apartments participate in the Rural Development rental assistance program. The community is in Sneedville, Tennessee.
Key Highlights
- 48 apartments, each with two bedrooms and one bathroom
- 12 garden‑style buildings on 5.5 acres
- Participates in the Rural Development rental assistance program
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
48
Residential units
Location Intelligence
Trade Area within ½ mile
200
Businesses Nearby
Explore this area
Business Placement
Demographics for 37869, TN
4,908
Population
2,541
Households
1.9
Avg Household Size
45
Median Age
7%
College-Educated
83%
High-School Grad
132.8 sq mi
ZIP Area
37
Density / Sq Mi
$33,811
Median Household Income
$24,778
Median Earnings
$578
Median Rent
$125,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Twelve buildings include an on-site office, laundry room, and maintenance room for property operations.
Where is this apartment building located?
The property is located at 198 Manor Drive Sneedville, TN.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 48 apartments, each with two bedrooms and one bathroom; 12 garden‑style buildings on 5.5 acres; Participates in the Rural Development rental assistance program
