24-26% IRR - Development Investment Offering - Knoxville, TN

Location: Maryville, Tennessee

90-Unit Condo Development – For-Sale Investment Opportunity Join an experienced sponsor in a three-phase condo development located just 15 minutes from downtown Knoxville, in the thriving city of Maryville, TN at the base of the Smoky Mountains. This for-sale project is designed to generate investor cash flow by the end of Year 1, driven by strong buyer demand from both young families and retirees. Leverage the developer’s non-recourse financing for an efficient capital structure and a clear exit strategy upon unit sales. Positioned in one of East Tennessee’s most desirable and fast-growing communities, this is a prime opportunity for investors seeking near-term returns from a well-located residential project. DropBox Link for Pro Formas, Renderings, Sponsor Resume, and more. https://www.dropbox.com/scl/fo/41xlk9seaff8gsnzcjsxl/AIIlIwnZJNv17uM79D41M1w?rlkey=t3c7h3q58vhlh3mp2gyh1qd4n&dl=0