New Multifamily Community
For Sale
Contact for pricing
Pending
2222 Two Rivers Blvd, Sevierville, TN 37876
Class A apartment community in Sevierville, Tennessee, with strong leasing momentum.
Property SizeContact for details
Days on Market155
Property Features for 2222 Two Rivers Blvd
General Information
Standard status
Pending
Class
A
Property subtype
Multifamily
Zoning
C3
Investment Type
Institutional
Building Details
Year Built
2026
Buildings
8
Stories
3
Units
150
Listing Agency:
SVN | Wood Properties
(865) 936-9999
Listed By:
Jon Roosen · License #TN 366234
Source:
Crexi
Added: Mar 10
Changed: Aug 8
Last Checked: Jul 24 at 6:22AM
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 SVN | Wood Properties
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
109
Businesses Nearby
Explore this area
Business Placement
Demographics for 37876, TN
32,866
Population
18,206
Households
1.8
Avg Household Size
45
Median Age
22%
College-Educated
89%
High-School Grad
186.8 sq mi
ZIP Area
176
Density / Sq Mi
$58,513
Median Household Income
$33,603
Median Earnings
$997
Median Rent
$257,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
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.
