ATLANTA, GA - Sherman Residential has acquired Celadon on Club, a Class A multifamily property in Lawrenceville, GA, the company announced. Celadon on Club is a 352-unit luxury apartment community located in one of the fastest-growing areas of metro Atlanta, Gwinnett County. A major industrial expansion with manufacturing, healthcare, and technology campuses in the area. The area's population has grown significantly as a result.
Completed in 2023, Celadon on Club sits conveniently in the middle of the Gwinnett County expansion and within 15 minutes of popular downtown districts, like Duluth and Norcross. Celadon itself occupies 30+ acres, providing ample green space and walking paths for its residents. Lawrenceville offers a 25-acre community park across Club Street and a highly sought-after school district. Gwinnett School of Mathematics, Science & Technology, located nearby, is consistently ranked among the top public high schools in Georgia.
Celadon on Club's resident-focused amenities provide: One- to three-bedroom apartments expanding to over 1,400 square feet; A 3,000-square-foot, resort-style pool; Luxury apartment finishes, such as granite countertops and pendant lighting; A resident clubhouse offering a multi-room fitness center, golf simulator, and workstations; Open-air, covered lounges surrounding the pool with games, grilling, and seating; Conveniences like in-unit washers and dryers, EV chargers, and property-wide Wifi; and 16 acres of dedicated onsite greenspace.
Managing Director and Chief Investment & Strategy Officer of Sherman Residential said:
"We're excited to add Celadon on Club to our growing Georgia portfolio — this acquisition brings our Georgia portfolio to over 800 units, which speaks to our commitment to the Southeast market. We look forward to bringing Sherman's hands-on ownership approach to this special community."
Source: Sherman Residential