David Nelson Of Hamilton Zanze Acquires 300-Unit Multifamily Community In Alcoa For Undisclosed Amount

The property involved in this transaction is a multifamily asset known as Vital at Springbrook, located at 1607 Centennial Park Boulevard in Alcoa, TN. This Class A apartment community features a total of 300 units and occupies 9.75 acres. The property was constructed in 2024.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not specified
• Address: 1607 Centennial Park Boulevard
• Market: Alcoa, TN
• Units: 300
• Acres: 9.75

The buyer is David Nelson representing Hamilton Zanze, who sponsored the acquisition of the property. The deal closed on October 27, 2026. The management of the property has transitioned to an affiliate of Hamilton Zanze, Mission Rock Residential, marking their entrance into the Knoxville metro area and their fourth acquisition of 2026.