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129 Sugarfoot Way
Pigeon Forge, TN 37863

$7,200,000 USD

Apartments For Sale  •  16,783 SF

Property Details

  • Property Type Apartments
  • Total Building Size 16,783 SF
  • Lot Size 0.43 AC
  • Building Class B
  • Year Built 2025
  • Zoning M 1
0 Transit Score
56 Walk Score

Highlights

Brand New Construction – 16 turnkey units, never occupied, offering immediate appeal and minimal maintenance.
Strong Return Potential – Pro-forma analysis projects a 19.25% ROI, driven by premium rental demand and zero deferred maintenance
Prime Location – Situated in Pigeon Forge, just minutes from Dollywood, The Island, and the Parkway, ensuring year-round rental demand.
Tourism-Driven Market – Located in Sevier County, which welcomes over 13 million visitors annually.
Investment Flexibility – Ideal for short-term rental operators, long-term multifamily investors, or condo conversion strategies.
Limited Competition – Few new-build multifamily assets in the area, creating scarcity value and positioning this property as a standout opportunity.

Property Flyers

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Dishwasher
  • Microwave
  • Security System
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Wheelchair Accessible
  • Kitchen
  • Refrigerator
  • Range
  • Views
  • Handrails
  • Wheelchair Accessible (Rooms)
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
McGhee Tyson 58 min - 38.3 mi
Logan Smith 423-251-9162 MG Rise Realty - Commercial Group
Logan Smith 423-251-9162 MG Rise Realty - Commercial Group