Heights at Sugarloaf

2370 Chattahoochee Drive
Duluth GA

Heights at Sugarloaf View1

Property Type

Multifamily
Property Size
330 Units
Available Space
Not available
Tenure
Sale
Price
Contact Broker

DescriptionClick Here To View Mapped Property

Click Here To View Mapped Property

JLL is pleased to present for exclusive sale, The Heights at Sugarloaf, a newly-constructed, 330-unit, best in class, suburban apartment community located within Sugarloaf Marketplace, a 30-acre, Sprouts-anchored, walkable development in North Gwinnett’s affluent Sugarloaf submarket. This fully-stabilized community experienced a dynamic lease up with continually escalating rental rates. This location provides direct access to Atlanta’s most prolific economic corridor, endless lifestyle retail destinations, historic Downtown Duluth and Downtown Suwanee, while neighboring Atlanta’s most affluent “Country Club” suburban submarket, John’s Creek. With extreme barriers to entry, and one of only two new properties built in Duluth in the last five years, the Property’s monopolistic position and best in class suburban Uber Core asset finishes create matchless pricing power in this undersupplied, affluent submarket.


Features

OFFERING HIGHLIGHTS ? SUBURBAN CORE AA ASSET WITH BEST IN CLASS ARCHITECTURE, AMENITIES AND FINISHES – 330 HIGH-END UNITS ? EXTREMELY RARE AFFLUENT SUBURBAN WALKABLE NEIGHBORHOOD COMMUNITY • Vibrant walkable cosmopolitan lifestyle in suburban setting • Walkable to new Sprouts Farmers Market • Strong surrounding demographics – average HHI: $120,000+ • Highly ranked schools ? DIRECT ACCESS TO NORTH ATLANTA’S PREMIER ECONOMIC CORRIDOR • 27M+ SF of Class A office space • 450,000+ jobs within a 10 mile radius ? EXCEPTIONAL STABILIZED RESIDENT PROFILE ? BELOW REPLACEMENT COST OF “NEW” SUBURBAN PRODUCT ? EXTREME BARRIERS TO ENTRY SUBMARKET ? LONG-TERM INVESTMENT DURABILITY WITH SIGNIFICANT RENTAL UPSIDE TO NEW OWNER ? SUBSTANTIAL NEW GROWTH AND DEVELOPMENTS NEIGHBORING THE PROPERTY

Contact broker
Derrick Bloom_Commercial Real Estate Broker
Derrick Bloom

+1 404 995 2287

View profile

Russ Hardy_Commercial Real Estate Broker
Russ Hardy

+1 404 995 2332

View profile

More
David Gutting_Commercial Real Estate Broker
David Gutting

+1 404 995 2283

View profile

Less
*Please enter your first name! *Please enter your last name! *Please enter your phone number! *Please enter valid email address!
Contact broker
Added to Shortlist:
Loading