BJ Can Help You Purchase This Unit

Thank you for choosing Daniel Parker! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm. Remember, BJ is here to help!

721 W Casey Drive, Sevierville, 37862

Priced At: $1,850,000

Property Details for ID: 1308335



SqFt: 7,776
Price SqFt: $238
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-07-14T14:08:34Z
Subdivision: Paul Henderson Prop

Public Remarks: Mountain Mist Apartments. Don't miss this exceptional opportunity to own a fully leased, income-producing 10-unit apartment complex located just minutes from Dollywood and other area attractions. Each of the 10 well-maintained units offers:2 Bedrooms, 1 Full Bathroom Washer/Dryer Connections in Every Unit, Kitchens Remodeled in some Units: Includes refrigerator, oven/range, sink, faucets, cabinets & countertopsNew Insulated Vinyl Windows (2022) Recent Updates (within the last 5 years): Plank flooring, interior paint, new outlets & switches, HVAC systems, and modern light fixturesCovered Front Porch & Private Back Patio for each unit. Property is in a highly sought-after location with strong rental history and is 100% occupied. Whether you're an experienced investor or looking to expand your portfolio, this property is a solid performer! Special pricing if bought with the 13 unit in Daybreak Way Apts. MLS# 1308338 ( both total 23 units for $3,655,000) Serious inquiries only.

Schools Information

Elementary School: Sevierville Primary
Middle / Junior School: Sevierville
High School: Sevier County

Building Description

Year Built: 1990
SqFt (Total): 7,776
Sub-Type: Apartment, Duplex, Four Plex
Sale Includes: Building and Land
Unit Type(s): 2 Bedroom Unit, Unfurnished

  Exterior Features

Features: Patio, Porch - Covered, Windows - Insulated
Construction: Frame
Siding: Vinyl

  Appliances

Range, Refrigerator, Self Cleaning Oven, Smoke Detector

  Room Dimensions

  Interior Features

Floors: Laminate
Other Rooms: Bedroom Main Level, Mstr Bdrm Main Level
Misc Features: Internet Available, WasherDryer Connect

  Property Details

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional
Gross Annual Income: 162,960
Annual Operating Expenses: 39,924
Net Operating Income: 123,036

  HOA Information

Heating & Cooling

Cooling Type(s): Central Cooling
Heat Type(s): Central

Garage / Parking

Off-Street Parking

  Community Features

Outbuildings

Presented By: / Realty Executives Associates

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

hwy 66 /Winfield Dunn to Robert Henderson, L on Howard Dr, L w Casey Dr Right to apartments.



Your commute

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Four Reasons to Use Daniel Parker

Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

Trained Advocate

Need educated advice and a strong advocate, I will provide advice based on years of experience and advanced education.

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Utilizing the very latest in lead generation and good old fashioned hard work, I already have a network of qualified purchasers looking for the right home or property.

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Realty Executives Associates is a licensed Tennessee Real Estate Firm. Firm License #213347. Some or all of the Listing Displayed on this Site may not belong to Realty Executives Associates. The data relating to real estate for sale on this website is being provided for the consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.