American Landmark Acquires Class A Apartments Near Tampa, Florida

14 December 2020
Parc at Wesley Chapel

American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has acquired Parc at Wesley Chapel, a 248-unit Class A apartment community in the Tampa Bay metropolitan area. The property was acquired for an undisclosed price from Equity Resources, LLC.

American Landmark owns and operates seven multifamily communities now in the Tampa Bay metro area.

“Tampa Bay’s diverse job market serves as a compelling pull factor that furthers the demand for high-quality housing in the region,” said Christine DeFilippis, Chief Investment Officer at American Landmark Apartments. “With opportunity in the financial, tech, manufacturing and defense and security industries, the area’s fundamentals made Parc at Wesley Chapel a clear fit for our portfolio that’s expected to continue strong lease-up in the near future.”

Built in 2020, Parc at Wesley Chapel is located at 5561 Post Oak Boulevard. Studios, one-, two- and three-bedroom units range from 681 square feet to 1,483 square feet and include granite countertops, wood-style flooring, smart-home automation, gourmet kitchen with island, Whirlpool stainless steel appliances and washer/dryer. The pet friendly community features a resort-style pool, elevator access, fitness center, Luxer package system, electric vehicle charging stations, dog wash, fire pit with cabanas and a pet park.

Situated in suburban Tampa Bay, the community is found in the family-oriented city of Wesley Chapel. Located just two minutes away from Interstate 75, the property has direct access to Downtown Tampa and surrounding retail and dining amenities. Nearby employers include Busch Gardens, Saint Leo University and the University of South Florida, designated a preeminent state research university.

For more information, please visit www.alapts.com.