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Multifamily Land in Upscale Sugarloaf

Land in Affluent Duluth, GA Zoned M-F for 290 Apartments

Site Details

Site Size: 43.7 Acres

Investment Highlights:

  • Price: $6 million
  • Approved for 290 apartments
  • Faces major artery in densely-developed area of one of Georgia’s fastest-growing counties.
  • Easy access to I-85 (271,300 vehicles per day) and Georgia Hwy. 316 (95,200 vehicles per day).
  • Convenient to numerous business parks and to such major employers as Cisco, Primerica, NCR, Asbury Automotive, Honeywell, Gwinnett Medical Center, and Technology Park.
  • Nearby new Class A apartments average rents of $1.38 per square foot.
  • Within a three-mile radius, the population soared 52% between 2000 and 2017.
  • Within a five-mile radius, the average household income is $71,520, the median owner-occupied housing value is $175,346, and 32% of residents have a bachelor’s degree or higher.

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Contact Information

Steve Mack

Managing Director - Multifamily Sales and Lending

Tricia Wilkins

Director - Multifamily Sales and Lending

Bo Brown

President and CEO