401 McGhee St
- 8 Units Total
- All Studio Style Units
- Affordable Housing
- Located in Maryville, TN - a fast growing submarket of Knoxville MSA
Property Description
PWA Properties is pleased to present 401 McGhee Street, an 8-unit affordable housing community located in Maryville, TN. The property consists of 8 studio-style units and offers investors stable, contract-backed income with a Housing Assistance Payments (HAP) contract in place. The property is managed by a professional third-party management company, with management structured in accordance with HAP regulations. Maryville continues to benefit from its proximity to Knoxville and the greater Blount County region, supported by strong school systems, a growing employment base, and consistent residential demand. The market remains attractive for affordable and workforce housing investment, driven by steady population growth and limited housing supply across East Tennessee.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $675,000 |
| No. of Units: | 8 |
| Year Built: | 1991 |
| Lot Size: | 0.72 Acres |
| Opportunity Zone: | No |
| Price per unit: | $84,375 |
| Property Website | Click Here |
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