Hamilton Zanze purchases sixth acquisition in the Atlanta market
Hamilton Zanze has acquired the 204-unit 45Eighty Dunwoody Apartment Homes in Dunwoody, Ga. HZ purchased the property from FPA Multifamily. The financial terms were not disclosed.
The purchase marks the firm’s sixth acquisition in the Atlanta market. The community, built in 1990, is in immediate proximity to Georgia State Route 400 and I-285N, providing access to downtown Atlanta and regional employers.
“We’re really excited about the opportunity to buy in the Atlanta market again and to further expand our presence in the growing metro,” said David Nelson, Hamilton Zanze’s chief transactions officer. “45Eighty is conveniently located with easy access to Buckhead, Midtown, downtown Atlanta, and other major employment centers. Residents are attracted to the Dunwoody area for its strong schools, nearby outdoor recreation, and proximity to employers.”
45Eighty was 96 percent occupied at the time of purchase. The community is located at 4580 Barclay Dri