918 East Parkway, Gatlinburg, TN 37738

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Heidi A.

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  • Available Spaces
Suite Space Type Pricing Size
--- Multi-Family Space For sale: Contact for Pricing 8,628 sqft

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Building Details:

• Year Built: 1960

918 East Parkway is amulti-family property for lease in Gatlinburg, TN. The property currently has 1 multi-family space for lease and is marketed by Sperry Van Ness Commercial Real Estate Advisors.

Creek Place is a 22 unit complex comprised of furnished efficiency apartments. The primary resident base consists of seasonal tourism employees such as theme park workers, hotel and restaurant employees. The current owners have maintained consistent 100% occupancy with a wait list. There is limited competition in the area and Creek Place is highly regarded and has a great reputation for providing clean, safe housing for its residents.

• High occupancy history
• Established, well managed property
• Close to attractions
• 33% Cash-on-Cash Return

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