Upscale 6-Story Nursing Facility Coming to Peachtree Street Near Piedmont Hospital

Bull Realty has recently announced that they have brokered the $4.3 million sale of 1753 Peachtree St., a 1.15-acre site on the cusp of Midtown and Buckhead.

According to a written statement, UHS-Pruitt purchased the site on Nov. 12 from Woodhaven Ventures LP with plans develop, "an upscale six-story, 120-bed skilled nursing facility on the property." The corner site is located less than half a mile south of Piedmont Hospital and the Shepherd Center.

UHS-Pruitt, which is based in Norcross, Ga., owns and operates healthcare properties throughout the Southeast. The firm plans to tear down the existing single-story, 9,440-square-foot building to make way for a Class A, 60,832-square-foot skilled nursing facility.

The site is located at the intersection of Peachtree Street and Huntington Road on the cusp of Buckhead and Midtown.  A Bull Realty press release states that the property features 123 feet of frontage on Peachtree Street and a daily traffic count of 39,530 vehicles. 

Officials say that the new building will have great views of Buckhead and Midtown and will be convenient to numerous high-end restaurants and stores.

“With its proximity to two premier hospitals, this location represents an outstandingpurchase for UHS-Pruitt and an ideal demographic for a skilled nursing facility,” said Michael Bull, the founder and president of Bull Realty. “All the factors are in place for this new development to be a wonderful addition to Buckhead and a very successful project.”