Hamilton Zanze Expands Portfolio with 1400 Chestnut Apartments Acquisition

Hamilton Zanze Expands Portfolio with Latest Acquisition

Introduction
In a significant move to bolster its presence in the multifamily real estate market, Hamilton Zanze has successfully acquired the 1400 Chestnut Apartments, a striking midrise community located in the heart of Chattanooga, Tennessee. This acquisition, completed on March 11, 2025, marks a strategic addition to Hamilton Zanze's portfolio, which already includes multiple properties around the city.

Prime Location and Community Features
Located just south of the bustling City Center and approximately one mile from The University of Tennessee at Chattanooga, the 1400 Chestnut Apartments boast an attractive position in a vibrant neighborhood. With 200 apartment homes, this property, built in 2017, offers a mix of one- and two-bedroom layouts that are designed to meet modern living standards.

The apartments feature spacious floor plans ranging from 672 to 1,202 square feet. Each home comes equipped with contemporary appliances, including stainless steel options, hardwood-style flooring, and elegant quartz countertops. Residents can also enjoy the convenience of lush shaker-style cabinetry, tall ceilings, and in-home laundry facilities. For those seeking outdoor spaces, select homes include private patios or balconies that enhance the living experience.

The community provides a variety of amenities designed for leisure and convenience. These include a saltwater pool with a sundeck, fire pits, grills, and a resident clubhouse, as well as a business center and private office spaces. A fitness center, media lounge, coffee bar, and even a pet spa ensure that all residents find something to enjoy within the community. Additional features such as garage parking, bike storage, and a bike repair station underscore the commitment to an active lifestyle.

Quote from Leadership
David Nelson, president and chief investment officer at Hamilton Zanze, expressed excitement about the acquisition: “We are thrilled to announce the acquisition of 1400 Chestnut, our third property in the city. This acquisition presents an opportunity to secure a high-quality community in a submarket with limited incoming supply.” He also highlighted the property’s prime location, emphasizing its proximity to transformative developments in the area, including The Bend—a 120-acre mixed-use community and the new stadium for the Chattanooga Lookouts baseball team.

Access to Local Amenities and Transit
Sitting close to City Center, 1400 Chestnut residents have a host of amenities just a short walk or transit ride away. The area is rich with diverse retail options, dining establishments, nightlife, and cultural attractions. Notably, residents are also near the Chattanooga Farmers Market and Whole Foods Market, as well as the Chattanooga Convention Center. The immediate vicinity offers numerous public transit options that enhance connectivity to other parts of the metropolitan area.

Conclusion
The acquisition of 1400 Chestnut Apartments demonstrates Hamilton Zanze's ongoing commitment to investing in quality real estate opportunities that meet the demands of today’s residents. With its modern facilities, strategic location, and comprehensive amenities, this new addition is set to elevate the living experience for its future residents while solidifying Hamilton Zanze's position as a leader in multifamily residential investments.

For more information about Hamilton Zanze and its growing portfolio, visit www.hamiltonzanze.com.