Sagard Real Estate, a leading real estate investment firm, today announced the acquisition of Grande Oaks, a 270-unit garden-style apartment community located in Roswell, Georgia. The acquisition further strengthens Sagard Real Estate’s footprint in the Southeast, reinforcing its commitment to investing in strategically located properties that offer strong growth potential and long-term value creation.
Built in 1996, Grande Oaks spans over 311,000 rentable square feet across 11 residential buildings on a 19-acre site. The community features a well-rounded amenity package, including a clubhouse, fitness center, swimming pool, outdoor fireplace, grill and picnic area, children’s playground, car wash, and pet-friendly facilities such as a dog park and pet wash station.
“We’re excited to add Grande Oaks to our portfolio, aligning with our strategy of investing in well-positioned assets in high-growth markets,” said Matt DiVito, Director of Acquisitions at Sagard Real Estate. “Roswell’s top-rated schools, vibrant downtown, and proximity to major employment centers make it an attractive location for residents, and we look forward to enhancing the property’s appeal through strategic renovations.”
Grande Oaks is situated in a prime location just two miles from historic downtown Roswell, a hub for dining, retail, and entertainment that attracts over two million visitors per year. The property benefits from its proximity to quality public and private schools, access to major grocers and retailers, and outdoor recreation, including the Roswell Riverwalk and the Chattahoochee River National Park. Its location along GA 400 provides residents with seamless connectivity to major employment centers in Alpharetta’s Tech Corridor and metro Atlanta.
Sagard Real Estate plans to execute a value-add renovation program, including upgrading 121 classic units, installing in-unit laundry, enhancing common areas, and refreshing amenities. This acquisition aligns with Sagard Real Estate’s broader strategy of investing in high-quality assets in dynamic markets, leveraging strategic capital improvements to drive long-term value for residents and investors alike. The investment was made in partnership with McCann Realty Partners and Pegasus Residential. This is the second property managed by Pegasus Residential on behalf of Sagard Real Estate.
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