ATLANTA—Menlo Creek, a class A apartment community in Duluth, GA, has traded hands. Multifamily investor and operator Pollack Shores acquired the asset.
The firm is planning more than $5 million in renovations and improvements to the multifamily asset. The apartment community will be rebranded and named Howell House after Duluth's founding father Evan Howell.
“Menlo Creek is a strong value-add asset that checks all the boxes for accessibility and convenience, and continues to trend upward thanks to a healthy and diverse local economy,” says Brendan Whalen, vice president of Acquisitions at Pollack Shores. The 444,216-square-foot property includes 12 multifamily buildings with units ranging from 810 to 1,422 square feet.
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