1806 Jett Rd Maryville, TN 37804
Exceptional investment opportunity: Bennett Village Townhomes presents 95 brand-new, Class A townhouses in Maryville, Tennessee, a rapidly growing suburb of Knoxville. This 30.55-acre community boasts 24 buildings, each two stories high, totaling 157,558 square feet. The development comprises 48 three-bedroom, 2.5-bathroom units with one-car garages (1471 sq ft each) and 47 three-bedroom, 2.5-bathroom units with two-car garages (1850 sq ft each). All units are individually parceled, offering flexibility for investors to rent or sell individually. Amenities include walking trails and a playground. The property is zoned R and enjoys a prime location, just five minutes from downtown Maryville and under 25 minutes from downtown Knoxville. Proximity to major employers (Denso, Amazon, Smith & Wesson, McGhee Tyson Airport), excellent schools, and numerous retail and dining options enhances its appeal. Estimated monthly rent ranges from $2,400 to $2,600 per unit. Closings will occur in phases as construction progresses and Certificates of Occupancy are issued. The asking price is $31,375,000, representing a price per unit of $330,263.16 and $199.13 per square foot. This development represents a compelling investment in a thriving market. The property is located at 1806 Jett Rd, Maryville, TN 37804.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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