112 Villa Court, Maryville, TN 37801

New
$1,900,000
Property Type: Multi-Family Status: Active
Current Price: $1,900,000 List Date: 10/13/2025 Last Modified: 10/13/2025

Description

SVN | Wood Properties is proud to present Villa Court Apartments, an 18-unit apartment community located in Maryville, TN. Situated in a desirable residential area, the property offers well-maintained, comfortable living spaces with convenient access to local amenities, employment centers, and the scenic beauty of the Smoky Mountains. Sixteen of the eighteen units feature well-maintained but legacy finishes, offering investors stable cash flow today with clear potential for value-add upgrades. Current rents trail market by approximately $200 per unit, providing immediate upside through interior improvements and management efficiencies. This C-class property, located in a B-class area, is primed for continued rent growth and long-term appreciation. Maryville, Tennessee, offers a stable residential market supported by a strong and diverse employment base. The city benefits from its proximity to Knoxville while maintaining its own economic drivers, including major employers in manufacturing, healthcare, and education. This combination of steady job growth and accessible housing options contributes to consistent demand across the local housing market.

More Information MLS# 1317046

Location, Tax & Legal Info

Area: Blount County - 28 City/County Code: County Total Tax: 4506.06

Contract Info

Auction Y/N: No Listing Price: 1900000 Current Price: $1,900,000 Status: Active Listing Date: 2025-10-13

General Property Description

Lot Dimensions: 120 × 180 Utilities/Mo Avg: 14400 Property Status: N/A Driveway: Concrete Number of Units: 18 Year Built: 1989

Remarks & Misc

Directions: Follow US-129 S to Alcoa. Take the exit toward Middlesettlements Road/Bessemer St from US-129 S. Public Remarks: SVN | Wood Properties is proud to present Villa Court Apartments, an 18-unit apartment community located in Maryville, TN. Situated in a desirable residential area, the property offers well-maintained, comfortable living spaces with convenient access to local amenities, employment centers, and the scenic beauty of the Smoky Mountains. Sixteen of the eighteen units feature well-maintained but legacy finishes, offering investors stable cash flow today with clear potential for value-add upgrades. Current rents trail market by approximately $200 per unit, providing immediate upside through interior improvements and management efficiencies. This C-class property, located in a B-class area, is primed for continued rent growth and long-term appreciation. Maryville, Tennessee, offers a stable residential market supported by a strong and diverse employment base. The city benefits from its proximity to Knoxville while maintaining its own economic drivers, including major employers in manufacturing, healthcare, and education. This combination of steady job growth and accessible housing options contributes to consistent demand across the local housing market.

Property Sub-Type

Apartment: 1

Construction

Other: 1

Type of Units

1 Bedroom Unit: 1 2 Bedroom Unit: 1 3 or more Bdrm Units: 1

Sale Includes

Building and Land: 1

Cooling

Other: 1

Floors

Vinyl: 1

Garage/Parking

On Premise Parking: 1

Fuel

Other Fuel: 1

Heat

Other: 1

Other Rooms

Other: 1

Roof

Metal: 1

New Financing

Cash: 1 Conventional: 1 New Loan: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

Street Name: 112 Villa Court State/Province: TN Zip Code: 37801 PIN #: 046J A 016.17 Geo Lat: 35.768674 Geo Lon: -84.00452

Status Change Info

Status Change Date: 2025-09-30

Property Features

Property Sub-Type: Apartment Type of Units: 1 Bedroom Unit; 2 Bedroom Unit; 3 or more Bdrm Units Sale Includes: Building and Land Floors: Vinyl Fuel: Other Fuel Heat: Other Cooling: Other Construction: Other Roof: Metal Other Rooms: Other New Financing: Cash; Conventional; New Loan Showing: See Agent Instructns
Listing Office: SVN I Wood Properties
Office Phone: 865-936-9999
Last Updated: October - 13 - 2025
112 Villa Court, Maryville, TN 37801- MLS# 1317046
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.