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3729 Plaza WayPigeon Forge, TN 37863
Pinecrest Townhomes
Asset ClassMultifamily
# Units21
overview of deal

Overview

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.

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Investment Highlights

  • 21-Unit Townhome Community
  • $1.5 Million of Recently Completed Cap Ex
  • 2 Bed / 2.5 Bath Units
  • Centrally located in Pigeon Forge and adjacent to Dollywood
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3729 Plaza WayPigeon Forge, TN 37863

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