Please ensure Javascript is enabled for purposes of website accessibility

Hamilton Zanze buys 13th multifamily community in Md.

The Residences at Waterstone is at 225 Galvariun Court in the Owings Mills/Pikesville/Randallstown submarket, approximately 22-minute drive or 15 miles from downtown Baltimore. (Submitted photo)

San Francisco-based real estate firm Hamilton Zanze (HZ) announced Wednesday it partnered with DCA Partners to acquire the 255-unit Residences at Waterstone in Pikesville.

Cushman & Wakefield represented both buyer and seller on this transaction. This represents HZ’s 13th acquisition in Maryland.

The property, built in 2002, is just north of Downtown Baltimore, which is situated at the northernmost mouth of the Patapsco River on the Chesapeake Bay.

The apartment community is the company’s 13th acquisition in Maryland and features large, spacious apartment units and a full set of resident amenities such as this expansive central pool.

The community is at 225 Galvariun Court in the Owings Mills/Pikesville/Randallstown submarket, approximately 22-minute drive or 15 miles from downtown Baltimore. The 255 units average 1,453 square feet with 26 different floor plans.

Community amenities include a fitness center, resort-style swimming pool with a sundeck, movie theater, tennis courts and a dog park. Unit amenities include attached garages, stainless steel appliances, granite countertops, hardwood/vinyl flooring, washer/dryer in unit and private balconies.

HZ’s capital improvements will include site improvements, building repairs, amenity improvements, continuing the unit renovation campaign implemented by the seller, and sustainability updates. Management of the property has also been transitioned to HZ affiliate Mission Rock Residential, a Denver-based company.