Property Description

Beautiful mountain views surround this 48-unit apartment community in Sneedville, Tennessee. The property features 12 garden-style buildings, with each apartment offering two bedrooms and one bathroom. The apartments participate in the Rural Development rental assistance program.Owned and operated by the same family for 40 years, this well-maintained community reflects a longstanding commitment to upkeep and care. On-site facilities include an office, laundry room, and maintenance room to support daily operations and resident convenience.Profit and loss statements for 2023-2026 are available to prospective buyers for review. This property offers an opportunity to acquire an established apartment community in a scenic East Tennessee setting.*All information per courthouse records.(CHR) and /or Seller. Square footage and acreage are approximate and not guaranteed. Buyer and/or Buyer's agent to independently verify all information deemed important.Listing agent is family to sellers.

Property Features