New Construction Apartment
For Sale
Contact for pricing
Pending
483 Hungry Hollow Road, Cleveland, TN 37312
Twenty two-bedroom townhome units offer oversized single-car garages, rear decks, bonus rooms, and two-and-one-half bathrooms.
Property Size1,557 SF
Days on Market401
Property Features for 483 Hungry Hollow Road
General Information
Standard status
Pending
Size
1,557 SF
Class
A
Property subtype
Multifamily
Zoning
Residential
Units
Unit Mix
20 x 2BR/2.5BA
Multifamily Units
20
Amenities
garage
rear deck
overflow parking
Building Details
Year Built
2024
Buildings
10
Stories
2
Units
20
Listing Agency:
KW Commercial
Listed By:
Joe Pleva · License #TN276752
(423) 667-6204
Source:
Crexi
Added: Jul 30, 2025
Changed: Aug 30
Last Checked: Aug 30 at 12:21PM
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 KW Commercial
Investment Insights
Based on property information with market context.
Completed in 2024, this Phase II apartment property includes 20 townhome units across 10 buildings on five lots. Each residence features two bedrooms, a bonus room, a laundry closet, living area, eat-in kitchen, two-and-one-half bathrooms, LVP flooring, granite countertops, updated light fixtures, an oversized single-car garage, and a rear deck. Overflow parking is also provided, and all units are served by septic systems.
The property is located at 483 Hungry Hollow Road in Cleveland, Tennessee, approximately five miles from downtown Cleveland. The surrounding area offers access to activities along the Hiawassee River, including whitewater rafting, fly fishing, canoeing, and camping, along with walking and hiking trails in Cleveland. Ten units are currently leased, while the remaining residences are being marketed for lease.
The property is located at 483 Hungry Hollow Road in Cleveland, Tennessee, approximately five miles from downtown Cleveland. The surrounding area offers access to activities along the Hiawassee River, including whitewater rafting, fly fishing, canoeing, and camping, along with walking and hiking trails in Cleveland. Ten units are currently leased, while the remaining residences are being marketed for lease.
Key Highlights
- 20 townhome units completed in 2024
- 10 buildings positioned across five lots
- Each unit includes two bedrooms, a bonus room, and 2.5 bathrooms
Property Analytics
Current Use
Lease Details
20
Residential units
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 37312, TN
36,291
Population
15,023
Households
2.4
Avg Household Size
42
Median Age
36%
College-Educated
93%
High-School Grad
64.4 sq mi
ZIP Area
564
Density / Sq Mi
$75,369
Median Household Income
$41,148
Median Earnings
$1,080
Median Rent
$270,500
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 - Twenty two-bedroom townhome units offer oversized single-car garages, rear decks, bonus rooms, and two-and-one-half bathrooms.
Where is this apartment building located?
The property is located at 483 Hungry Hollow Road Cleveland, TN.
What are key features of this property?
This property features: 20 townhome units completed in 2024; 10 buildings positioned across five lots; Each unit includes two bedrooms, a bonus room, and 2.5 bathrooms
