Multifamily investor Blaze Capital Partners announced its second active adult acquisition in Georgia. Built in 2021, Annabelle on Main comprises 180 units and sits on 4.6 acres in Duluth (Atlanta MSA). The units consist of one- and two-bedroom apartments ranging in size from 724 to 1,260 square feet. Community amenities include a pool, fitness center and yoga studio, movie theater, arts and crafts studio, dog park and a massage and meditation zen room.
Earlier this month, Blaze purchased Hardy Springs, a 149-unit active adult community in Dallas, Georgia. This was the investment group’s first 55+ acquisition. This acquisition brings Blaze’s Georgia portfolio to eight properties across the rental housing spectrum, including multifamily, build-for-rent, and active adult communities.
