American Landmark Acquires 270-Unit Apartment Property in Jacksonville
Multifamily owner-operator American Landmark Apartments has acquired Argyle Lake at Oakleaf Town Center, a 270-unit class A multifamily community in Jacksonville. The sales price was not disclosed.
Built in 2021, Argyle Lake at Oakleaf Town Center is located at 9849 Crosshill Blvd. The community consists of a mix of one-, two- and three-bedroom units with finishes that include stainless steel appliances, granite countertops, wood-inspired flooring, spacious laundry rooms and washer/dryers. Amenities include a coffee bar, clubhouse and swimming pool, barbecue area and pet washing area.
“Seeing nearly 11 percent gains in new residents between April 2020 and February 2021 against the previous period, Jacksonville’s population growth has made it one of the most compelling markets in the Southeast,” said Christine DeFilippis, CIO at American Landmark. “The labor pool that comes with this rise in new households is part of a pattern where individuals from across the country and even within Florida are seeking areas with an excellent quality of life and large-scale employers to work with.”
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector.
Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA.
David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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