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2222 Two Rivers Blvd Sevierville, TN 37876

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For Sale
$35,250,000

Class A apartment community in Sevierville, Tennessee, with strong leasing momentum.

Lot size:
7.37 Acres

Property Features for 2222 Two Rivers Blvd

General Information

Standard status
Active
Zoning
C3
Lot size
7.37 Acres

Building Details

Year built
2026

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Listing Contact
Jon Roosen
Jon Roosen
Source: Crexi

Listing Agency: SVN | Wood Properties Listing Agent: Jon Roosen

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

New Multifamily Community Development

Smoky Mountain Flats is a Class A apartment community under development in Sevierville, Tennessee. The project consists of a planned 150-unit multifamily community with a mix of 54 one-bedroom, 84 two-bedroom, and 12 three-bedroom units. Development is underway, with the first 30 units delivered and nearly fully pre-leased at approximately $2,000 per month, or approximately $1.65 per square foot. Stabilized new construction multifamily in the area is achieving rents closer to $1.90 per square foot. The remaining 120 units can be delivered over the next 12–24 months. Units feature Class A finishes, including brick and Hardie exterior construction, solid surface countertops, tile shower surrounds, luxury vinyl plank flooring in living areas, and carpet in bedrooms. Planned community amenities include a resort-style pool, pavilion, dog park, and kayak launch. The property is near the planned $500M+ sports and entertainment complex along the Parkway, and near the Gateway to Adventure development and the entrance to the Great Smoky Mountains National Park.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Restaurant Real Estate Agency Building Supply Spa & Massage Center Auto Repair Shop Hair Salon Gym & Fitness Center Hotel & Motel Auto Parts Store Department Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Sevierville
County
Sevier
State
Tennessee
Longitude
-83.5853043
Latitude
35.9325351

FAQs

What type of property is this?
Apartment building - Class A apartment community in Sevierville, Tennessee, with strong leasing momentum.
Where is this apartment building located?
The property is located at 2222 Two Rivers Blvd Sevierville, TN.
What is the asking price?
The asking price for this property is $35,250,000.
What are key features of this property?
This property features: - New Class A multifamily community in a rapidly expanding, tourism-driven market.; - **Strong early leasing momentum**: first 30 units nearly fully pre-leased at approximately $2,000 per month while still under construction.; - Located near the planned $500M+ sports and entertainment complex and the entrance to the Great Smoky Mountains National Park.
More about this property
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