ATLANTA — Waterton has purchased 903 Peachtree, a 32-story apartment tower located at 903 Peachtree St. in Atlanta’s Midtown neighborhood. The seller and sales price were not disclosed, but Atlanta Business Chronicle reported that the asset traded for $118.6 million.
903 Peachtree features 427 apartment units, as well as 46,000 square feet of amenity space. Units come in studio, one-, two- and three-bedroom floor plans. The property also includes 7,843 square feet of retail space.
Residents have access to outdoor amenities such as a rooftop pool and lounge area, grilling stations, private cabanas and fire pits. Indoor amenities include a sauna and massage room, yoga studio, demonstration kitchen, recreation lounge and game room, screening room, coworking lounge, pet spa and dog run, bicycle storage, lobby and concierge level.
Waterton is based in Chicago. The acquisition brings Waterton’s multifamily portfolio in the Atlanta metropolitan area to 3,026 units under management.