(DULUTH, GA)— Sage Equities has acquired a 266-unit Georgia community.
The Paramont Apartment Homes in Duluth features a mix of one, two and three-bedroom apartments and is part of the Gwinnett Place submarket, Multi-Housing News reports.
The community recently underwent exterior renovations and a rebranding. Occupancy is reported at more than 98 percent.
The seller, MESA Capital Partners, was represented by CBRE Capital Markets.