Waterton has acquired the 33-story residential tower, known as 903 Peachtree, for a total of $118.6 million from CA Ventures. This equates to approximately $277,751 per unit.
The building offers a variety of units including studios, one-bedroom, two-bedroom and three-bedroom options ranging in size from 336 to 1,884 square feet. Rent prices start at $1,680 for studios and go up to over $4,000 for three-bedroom floor plans.
Located near the intersection of Peachtree and 8th streets in Atlanta’s bustling city center area,the highrise was completed in2023.
Founded in1995,Waterton boasts a portfolio worth about$10 billionin real estate assets across more than25 markets throughoutthe United States.The company is headquarteredin Chicago with regional offices located around the country.
Accordingto reports by The Atlanta Business Chronicle,the largest multifamily transaction this year so farhas been Equity Residential’s purchaseofa319-unitapartment complexlocatedin Old Fourth Wardfor$126million.
