ROSWELL, GA. — Sagard Real Estate, a Denver-based investment firm, has acquired Grande Oaks, a 270-unit property in Roswell, 22 miles north of downtown Atlanta. Grande Oaks was constructed in 1996 on a 19-acre site. The garden-style community spans roughly 311,000 rentable square feet across 11 residential buildings.
Community amenities include a clubhouse, fitness center, pool, outdoor fireplace, grill and picnic area, children’s playground and car wash. Residents also have access to pet-friendly amenities such as a dog park and pet wash station.
Sagard Real Estate will execute a value-add renovation program, including upgrading 121 of the units, installing in-unit laundry machines, enhancing common areas and refreshing amenities. Pegasus Residential will manage the property on behalf of Sagard Real Estate.