Individually Owned 
For Sale
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Property summary
This 16-unit apartment building, known as The Trailblazer, presents a compelling investment opportunity in Townsend, Tennessee. Located at 7052 E Lamar Alexander Pkwy, 37882, this multifamily property boasts 8,940 square feet and is situated just eight minutes from the entrance to Great Smoky Mountains National Park. The property underwent a complete renovation in 2023, featuring brand-new kitchenettes, fixtures, and furniture throughout all 16 units, ensuring a modern and comfortable experience for residents. Exterior improvements include updated landscaping and the addition of fire pits and grills. Built in 1972, the building is zoned B-1, offering flexibility in its operation. Currently configured as an apartment building, it also presents the potential for operation as a motel, capitalizing on a market with limited competition and offering a strong potential for increased net operating income. The asking price is $1,550,000, translating to $173.38 per square foot. This turn-key property offers significant capital expenditure improvements and convenient access to major attractions in the area, including Pigeon Forge and Gatlinburg. The property's prime location near the highly popular national park makes it an attractive investment for both short-term and long-term rental strategies.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel Bed & Breakfast
Location
Value estimations
Owner & transaction history
Zoning & alternative use
1. Freestanding signs in B-1, General Business District are subject to the following standards: a.) Each parcel may be permitted one (1) freestanding sign per parcel, if the parcel is occupied by an enclosed permanent st…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Townsend market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Townsend, TN1. Freestanding signs in B-1, General Business District are subject to the following standards: a.) Each parcel may be permitted one (1) freestanding sign per parcel, if the parcel is occupied by an enclosed permanent st…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
1. Freestanding signs in B-1, General Business District are subject to the following standards: a.) Each parcel may be permitted one (1) freestanding sign per parcel, if the parcel is occupied by an enclosed permanent st…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-1 in Townsend, TN.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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