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Investment Highlights
- Distinctive Adaptive-Reuse Asset on a 4.27- Acre Parcel with Long-Range Mountain Views
- Light, Cosmetic-Driven Value-Add – Major Systems Already Addressed
- One of the Highest-Income, Fastest- Growing Counties in the Knoxville MSA
- Major Mark-to-Market Rental Upside Relative to Submarket Comps
- Anchored by a Deep, Diverse Blount County Employment Base
- Supply-Constrained Maryville/Alcoa Submarket – 95.9% Stabilized Occupancy
Executive Summary
MMG Real Estate Advisors is pleased to present Mint Road Apartments, a distinctive 9-unit multifamily community set on a 4.27-acre parcel in Maryville, Tennessee, in the heart of Blount County. Originally built in 1925 and thoughtfully converted from a former schoolhouse, the property pairs the character and scale of an adaptive-reuse asset with long-range Great Smoky Mountain views rarely found an income generating property. With major building systems already modernized, a light cosmetic value-add
plan remaining, and in-place rents set well below stabilized market levels, the property offers the next owner immediate income, substantial mark-to market upside, and operational upside without the execution risk of a heavy renovation program.
Mint Road Apartments is situated at 4725 Mint Road, roughly 15 miles south of downtown Knoxville and within the broader Knoxville MSA (~952,000 residents). Maryville serves as the Blount County seat and, alongside neighboring Alcoa, anchors the south metro’s employment base, home to DENSO Manufacturing Tennessee, the corporate headquarters of Clayton Homes and Smith & Wesson, and a gateway position at the entrance to Great Smoky Mountains National Park. Against a high-income, supply constrained submarket holding 95.9% occupancy, Mint Road is positioned to capture embedded rent upside and durable renter demand for years to come.
plan remaining, and in-place rents set well below stabilized market levels, the property offers the next owner immediate income, substantial mark-to market upside, and operational upside without the execution risk of a heavy renovation program.
Mint Road Apartments is situated at 4725 Mint Road, roughly 15 miles south of downtown Knoxville and within the broader Knoxville MSA (~952,000 residents). Maryville serves as the Blount County seat and, alongside neighboring Alcoa, anchors the south metro’s employment base, home to DENSO Manufacturing Tennessee, the corporate headquarters of Clayton Homes and Smith & Wesson, and a gateway position at the entrance to Great Smoky Mountains National Park. Against a high-income, supply constrained submarket holding 95.9% occupancy, Mint Road is positioned to capture embedded rent upside and durable renter demand for years to come.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,100 | 900 |
| 2+1 | 3 | $1,100 | 840 |
| 2+1.5 | 2 | $1,378 | 1,250 |
| 3+2 | 2 | $1,650 | 1,648 |
| 4+3 | 1 | $2,700 | 3,230 |
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Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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Map
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