Sherman Residential buys 352-unit Lawrenceville apartments, Celadon on Club, for $67.2M ($191k/unit) from Oxford Properties

9/3/2026

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Atlanta Business Chronicle

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• Subcategory: MF: Market Rate

• Tag: Sale

• Additional Filters-Subcategory: MF: Garden

• Additional Filters-Tags: Sale: Investment, Sale: Single Property

Highlights
Illinois-based Sherman Residential purchased the Celadon on Club apartments in Lawrenceville for $67.2 million.
Developed by Atlanta-based Oxford Properties in 2023, the 352-unit community sits on a former golf course.
The acquisition expands Sherman Residential's Georgia portfolio to over 800 units.