Pinecrest Townhomes 3729 Plaza Way 21 Unit Apartment Building $6,300,000 ($300,000/Unit) Pigeon Forge, TN 37863

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.
Pinecrest Townhomes is situated Pigeon Forge, Tennessee - a premier destination within the Great Smoky Mountains region. This area consistently ranks among the most visited in the United States, drawing over 13 million annual visitors to the Great Smoky Mountains National Park. The region’s tourism economy is supported by a diverse mix of attractions, including one of the nation’s top theme parks, Dollywood, which is adjacent to the property. Additionally this property offers convenient access to Gatlinburg and the national park’s extensive trail systems, waterfalls, and scenic drives.
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