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29468734
29468742

3729 Plaza Way, Pigeon Forge, TN 37863

CM
TN 351465
PWA Properties
KT
TN 275491
PWA Properties
Listed by PWA Properties
$5,999,999
135 days on market
Updated 75 days ago

Pinecrest Townhomes

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 27,987
Units 21
Price per SqFt $214
Year Built 1984
Buildings 4
Stories 2
Acreage 5.720
Zoning C4
Sale Condition For sale by owner

21 Units | Pigeon Forge, TN

Marketing description

PWA Properties is pleased to present Pinecrest Townhomes, a 21-unit townhome community located in Pigeon Forge, TN, directly adjacent to Dollywood. The property currently operates as short-term rentals but offers multiple use options, including continued vacation rental operations, conversion to traditional apartments, or individual sale as condominium units. All units are two-bedroom, two-and-a-half-bath townhomes and the current owners have recently completed over $1.5 million of capital expenditures. Each unit features a washer and dryer, fireplace, and private balcony. The community includes a firepit and grilling area, as well as shared ownership in an adjacent HOA that provides access to the clubhouse and indoor swimming pool.

Pinecrest Townhomes is situated Pigeon Forge, Tennessee - a premier destination within the Great Smoky Mountains region. This area consistently ranks among the most visited in the United States, drawing over 13 million annual visitors to the Great Smoky Mountains National Park. The region’s tourism economy is supported by a diverse mix of attractions, including one of the nation’s top theme parks, Dollywood, which is adjacent to the property. Additionally this property offers convenient access to Gatlinburg and the national park’s extensive trail systems, waterfalls, and scenic drives.

Please visit the documents tab at the following link for more info: https://www.pwa-properties.com/properties/?propertyId=1597484-sale

Investment highlights

  • 21-Unit Townhome Community

  • $1.5 Million of Recently Completed Cap Ex

  • 2 Bed / 2.5 Bath Units

  • Centrally located in Pigeon Forge and adjacent to Dollywood

Listing Contacts

CM
TN 351465
PWA Properties
KT
TN 275491
PWA Properties
Listed by PWA Properties

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Additional Information

Name
Cohl Morgan
License
351465
Brokerage
PWA Properties
Brokerage Phone
8652336441
Brokerage Address
131 East Broadway Avenue
Name
Kevin Tipton
License
275491
Brokerage
PWA Properties
Brokerage Phone
8652336441
Title
Senior Advisor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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