3729 Plaza Way
- 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
Property 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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $5,495,000 |
| No. of Units: | 21 |
| Lot Size: | 5.72 Acres |
| Opportunity Zone: | No |
| Price per unit: | $261,667 |
| Property Website | Click Here |
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