1806 Jett RdMaryville, TN 37804

  • Residential income homes
  • 157,558 SF
For Sale
$31,375,000 View listing

Property Details for 1806 Jett Rd

Year built
2024
Lot size
30.55 AC
Property size (Sq ft)
157,558 SF
Property type
Residential income homes

Description

Exceptional investment opportunity: Bennett Village Townhomes presents 95 brand-new, Class A townhouses in Maryville, Tennessee, a rapidly growing suburb of Knoxville. This 30.55-acre community boasts 24 buildings, each two stories high, totaling 157,558 square feet. The development comprises 48 three-bedroom, 2.5-bathroom units with one-car garages (1471 sq ft each) and 47 three-bedroom, 2.5-bathroom units with two-car garages (1850 sq ft each). All units are individually parceled, offering flexibility for investors to rent or sell individually. Amenities include walking trails and a playground. The property is zoned R and enjoys a prime location, just five minutes from downtown Maryville and under 25 minutes from downtown Knoxville. Proximity to major employers (Denso, Amazon, Smith & Wesson, McGhee Tyson Airport), excellent schools, and numerous retail and dining options enhances its appeal. Estimated monthly rent ranges from $2,400 to $2,600 per unit. Closings will occur in phases as construction progresses and Certificates of Occupancy are issued. The asking price is $31,375,000, representing a price per unit of $330,263.16 and $199.13 per square foot. This development represents a compelling investment in a thriving market. The property is located at 1806 Jett Rd, Maryville, TN 37804.

Location Insight

City
Maryville
County
Blount
State
Tennessee
Latitude
35.7716
Longitude
-83.951

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