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24986923
24986920

721 - 739 W Casey Dr, Sevierville, TN 37862

LM
TN 225762
Realty Executives Associates Knoxville
Listed by Realty Executives Associates Knoxville
$1,625,000
333 days on market
Updated 12 days ago

Mountain Mist

Details
APN 049 046.00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,776
Units 10
Cap Rate 7.57%
NOI $123,036
Occupancy 100%
Price per SqFt $251
Broker Co-Op Yes
Class C
Year Built 1990
Buildings 3
Stories 1

Multifamily | 10 Units | $162,500/unit

Marketing description

Don't miss this exceptional opportunity to own a fully leased, income-producing 10-unit apartment complex located just minutes from Dollywood and other area attractions. Each of the 10 well-maintained units offers:2 Bedrooms, 1 Full Bathroom Washer/Dryer Connections in Every Unit, Kitchens Remodeled in some Units: Includes refrigerator, oven/range, sink, faucets, cabinets & counter tops New Insulated Vinyl Windows (2022) Recent Updates (within the last 5 years): Plank flooring, interior paint, new outlets & switches, HVAC systems, and modern light fixtures Covered Front Porch & Private Back Patio for each unit. Property is in a highly sought-after location with strong rental history and is 100% occupied. Whether you're an experienced investor or looking to expand your portfolio, this property is a solid performer!

Listing Contacts

LM
TN 225762
Realty Executives Associates Knoxville
Listed by Realty Executives Associates Knoxville

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$123,036.00
$10,253.00/mo

Valuation Metrics

0
DSCR
7.57%
Cap Rate
7.57%
ROI

Map

Zoning

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HDR ResidentialMulti FamilyHigh Density Residential
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Linda Meese
License
225762
Brokerage
Realty Executives
Brokerage Phone
865-591-6004
Title
Assoc Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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