Venterra Realty purchased their 10th Georgia property, The Maddox apartments, in Duluth, according to a Venterra press release.
The Maddox includes one-, two-, and three-bedroom apartments ranging from 946 to 1422 square feet. Rent starts at $1,275 per month and includes amenities such as a saltwater pool, 24-hour fitness center, playground and dog park.
“Duluth is the proverbial sweet spot; close enough for residents to commute into Atlanta, yet far enough away to provide a charismatic, suburban lifestyle. The property itself provides larger-than-average and unique floor plans which are a key attraction for current and future residents,” Ash Thakore, asset manager for Venterra Realty, said in the press release.
Venterra plans to renovate the remaining units in The Maddox. A park with walking trails and recreational amenities is being developed by the municipality and will be adjacent to the apartment complex.