Real estate company GID has acquired a pair of apartment communities in the Atlanta metropolitan area. The properties are the 309-unit mid-rise Stadium Walk in Cumberland and the 299-unit garden-style Overlook at Huntcrest in Suwanee.
The former, rebranded as Stadium Walk by Windsor, offers studio, one-, two- and three-bedroom apartments that feature designer lighting, kitchen islands, hardwood-style flooring, in-home washer-dryers and private patios or balconies. Built in 2018, the community offers an amenity package that includes electric car charging stations. According to Yardi Matrix data, the property was purchased from Blaze Partners for $116.5 million.
Stadium Walk by Windsor is near Cobb Energy Performing Arts Centre, a short drive from Kennesaw Mountain and offers convenient access to both I-275 and I-285.
Rebranded as Windsor Sugarloaf, Overlook at Huntcrest is an apartment community situated in a highly desirable Atlanta suburb within Gwinnett County. The property’s one-, two- and three-bedroom apartment homes offer 9-foot ceilings, tile backsplashes, stainless steel appliances, granite countertops and soaking tubs. Among its common-area amenities are a saltwater pool with an oversized tanning ledge.
Built in 2017, Windsor Sugarloaf affords residents convenient access to a highly-regarded school district and an array of job hubs. Shopping is available at The Shoppes of Old Peachtree and Old Peachtree Commons, both no more than 11 minutes walking distance. The apartment community is close to Peachtree Ridge Park, McDaniel Farm Park and other area parks and golf courses, The community’s location in North Gwinnett allows residents to gain convenient access to I-85, enabling them to travel southwest into Atlanta, Roswell, Alpharetta and destinations beyond.
Last month, GID acquired Uplund at Totem Lake by Windsor, a 409-unit community in Kirkland, Wash., for a record price.