Real Estate

Stoneriver Sells Tennessee Property For $47M

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An Atlanta-based multifamily firm picked up the 240-unit community, located in the Knoxville metro area. : StoneRiver Co. has sold The Village at Westland Cove, a 240-unit community in Knoxville, Tenn., to H3 Real Estate Advisors for $47 million. Completed in 2019, the Class A+ apartment community is situated on the shore of Fort Loudoun Lake, at 9635 Westland Cove Way, near interstates 140 and 40. Downtown Knoxville is roughly 20 miles east of the property. The Village at Westland Cove comprises one-, two- and three-bedroom units, according to Yardi Matrix.

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