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Multifamily
The Villas on Wallace Road
Knoxville, TN
76 Units
Built in 2017
Suburban Core
Investment Highlights
- 76-Unit, Class A Community Featuring Exceptionally Low-Density Site Plan (5.0 Units/Acre) and Large Units (1,234 SF Avg.)
- Located in Knoxville, TN, the Nation's Top "Move-to" City with a 1.61 In-Migration Ratio (Outpacing Nashville's 1.14 Ratio by 41%)
- Minutes to University of Tennessee Campus (33,000+ Students, 15,000+ Employees) and Downtown Knoxville Employment Centers
- Situated within Exceptional School District and Feeds into Highly Rated Schools
- 97% Avg. Occupancy in Trailing 6 Months Demonstrating Sustained Demand; Diverse Unit Mix with Large Floor Plans Appeals to Strong Renter Demographic
- Nearby Economic Catalysts include PPG's $225M Facility (Delivering 2026) and UT's $165.5M Chemistry Building (Largest State Investment in Tennessee Education History)
Exclusively listed by
Broker of Record
Jody McKibben
Senior Managing Director, Market Leader - Mid-South
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