Hamilton Zanze Acquires 300-Unit Vital at Springbrook Apartments in Alcoa Tennessee for $1M Wait, let me reconsider - the article doesn't mention the price. Let me write an accurate headline: Hamilton Zanze Acquires 300-Unit Vital at Springbrook in Alcoa Tennessee

Hamilton Zanze announced the acquisition of Vital at Springbrook, a 300-unit apartment community in Alcoa, Tennessee, within the Knoxville metro area. The transaction closed on October 27, 2026.

The San Francisco-based multifamily investment firm will operate the property through its affiliate, Mission Rock Residential. The community sits on 9.75 acres within Springbrook Farms, a master-planned, mixed-use development in the Maryville-Alcoa submarket of Blount County.

According to the company, Vital at Springbrook will be operated alongside Hamilton Zanze's 14 other Tennessee communities, which total 3,451 units. The property will share regional vendors and staff with the firm's Chattanooga and Nashville assets.

"Vital at Springbrook marks our first investment in the Knoxville MSA, a market we've been watching closely as we've grown our Tennessee portfolio," said David Nelson, president and chief investment officer at Hamilton Zanze. "Alcoa offers a deep employment base, highly rated schools and limited new supply, and the continued build-out of the surrounding master-planned community is bringing new retail and employment directly to the property's doorstep."

The property, located at 1607 Centennial Park Blvd., offers studio, 1-bedroom and 2-bedroom homes across 25 floor plans. Units range from 570 to 1,375 square feet and average 846 square feet. Completed in 2024, the community is the only elevator-served property with air-conditioned corridors in the Maryville/Alcoa submarket, according to the release.

Units include granite countertops, stainless-steel appliances, white Shaker-style cabinetry, kitchen islands, wood-style plank flooring, full-size washers and dryers, walk-in closets and private balconies or patios.

Community amenities include a resort-style pool with cabanas and grilling stations, an 8,700-square-foot clubhouse with a lounge, coffee bar and billiards, a fitness center, a golf simulator, and dog and car wash stations.

The transaction represents Hamilton Zanze's fourth sponsored acquisition of 2026.