Paramont Apartments in Duluth, Ga. Sold to Sage Equities

Posted on Nov 9 2015 - 6:46pm by Lance Edwards
(Photo Courtesy, CBRE)

(Photo Courtesy, CBRE)

(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.