KNOXVILLE, TENN. — Walker & Dunlop has arranged the $39 million sale of Retreat at West Hills, a 256-unit, garden-style apartment community located at 3399 Lake Brook Blvd. in Knoxville. The buyer, an undisclosed institutional investor, has rebranded the property as Vetra West Hills. Brad Boston, Brett Kingman, Robbie O’Bryan and Russ Oldham of Walker & Dunlop represented the seller, Abiete Real Estate, in the transaction. Kevin Walsh, Craig West and Griffin Delgado of Walker & Dunlop originated a $29 million Fannie Mae acquisition loan on behalf of the buyer.
Vetra West Hills offers one-, two- and three-bedroom floorplans ranging in size from 576 to 1,190 square feet. Amenities at the complex include a fitness center, clubhouse, resort-style swimming pool with a sundeck, business center, grilling and picnic area, tennis courts and onsite laundry facilities.