David Sherman & Garrett Salk Of Sherman Residential Acquire 352-Unit Multifamily In Lawrenceville For $X

The property asset involved in this transaction is a 352-unit Class A apartment community situated at 3355 Club Drive in Lawrenceville, GA. The site encompasses 30 acres and was constructed in 2023. The multifamily development includes luxury apartments and resort-style amenities, along with 16 acres of onsite greenspace, contributing to its offering in the rapidly growing Gwinnett County market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not specified
• Units: 352
• Acres: 30.0
• Buyer: David Sherman & Garrett Salk - Sherman Residential
• Market: Lawrenceville, GA

In this deal, Sherman Residential, represented by David Sherman and Garrett Salk, has expanded its portfolio in Georgia to over 800 units. The acquisition involves Celadon on Club, enhancing the company’s position in the multifamily real estate sector.