Development

The Village at Westland Cove

KNOXVILLE, TENNESSEE

Property Overview

Constructed in 2019, The Village at Westland Cove is a Class A, multifamily apartment project situated along Fort Loudoun Lake in West Knoxville. This 240-unit property offers exceptional one-, two-, and three-bedroom floorplans, that offer up to 1,521 square feet of living space with a collection of luxury interior touches. Residents can enjoy resort-style amenities such as the swimming pool, outdoor kitchen, 24-hour fitness center, yoga room, business center, pet spa, and lakefront access.

 

Located in the highly desirable West Knoxville submarket, with easy access to Pellissippi Parkway and Kingston Pike, Village at Westland Cove is just minutes away from the University of Tennessee, as well as all the shopping, dining, and entertainment that nearby Knoxville has to offer.
Location
KNOXVILLE, TENNESSEE
Property Type
Luxury Suburban, Garden Style Apartments
Project Type
Development
Year Built
2019
# of Units
240
Development Period
34 Months

Project Outcome

The Village at Westland Cove is located in a submarket featuring desirable schools, strong employment, and ample shopping, dining, and recreational attractions. The property offered its residents luxury amenities and lakefront access, leading it to be named one of the top 10 properties by online reputation in the state of Tennessee in 2020.

 

The property’s success attracted interest from several institutional buyers, and StoneRiver sold the property in late 2020 prior to stabilization, delivering impressive returns to its investors.