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American Landmark Snags 624-Unit MF Portfolio in Central Florida
American Landmark Apartments has acquired a 624-unit multifamily portfolio in Central Florida for an undisclosed price in a privately negotiated transaction.
The portfolio consists of the 336-unit Radius Winter Park in Casselberry, along with the 288-unit Ashford at Feather Sound in Clearwater. The properties will be renamed Oynx Winter Park and Fairways at Feather Sound, respectively. The acquisition brings American Landmark’s portfolio up to approximately 34,000 apartment units across the Southeastern U.S. It currently owns and operates six multifamily communities in the Tampa metro area and eight in the Orlando metro area.
Radius at Winter Park is located at 100 Reflections Circle in Casselberry and consists of 16 two- and three-story buildings on a 33-acre site. Ashford at Feather Sound is located at 13621 Feather Sound Circle East in Clearwater and consists of 21 two-story buildings and a clubhouse on 21 acres.
The seller was not disclosed.
For comments, questions or concerns, please contact David Cohen
- ◦Sale/Acquisition
