Charlotte, N.C. – American Landmark, one of the fastest-growing multifamily owner-operators in the country, has acquired an ownership stake in Highlands at Alexander Pointe, a 309-unit apartment community in northeast Charlotte. The asset marks the firm’s eighth acquisition in Charlotte and their 12th acquisition in North Carolina.
American Landmark continues to selectively acquire properties in excellent locations across the Southeast and Southwest. The company has completed 28 property acquisitions worth over $1.5 billion since the beginning of 2018.
“Charlotte’s employment outlook remains not only positive, but diverse with tech and banking highlighting the area’s dynamic labor market,” said Christine DeFilippis, Chief Investment Officer of American Landmark. “These new jobs will drive demand for apartment rentals in both the near and long-term.”
Built in 2002, Highlands at Alexander Pointe offers one-, two-, and three-bedroom apartments. Community amenities include a resort-style pool and fitness center. Located at 310 Highroad Drive, the community is less than five minutes away from Interstate 485, Interstate 85, and University of North Carolina Charlotte.
