The acquisition of the 278-unit multifamily property marks the company’s third multifamily acquisition in Murfreesboro in under a year
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired The Harrison Apartments, a 278-unit apartment community located in Murfreesboro, Tenn. The property has been renamed “Scout Landing.”
This marks the company’s third multifamily acquisition in Murfreesboro in the past 10 months. The company also owns and operates The Edge and Parc at Murfreesboro, two brand new apartment communities it acquired with joint venture partner BentallGreenOak.
For several years Murfreesboro has been Tennessee’s fastest-growing city and is ranked number one for Top Boomtowns in America by SmartAsset. The city opened two new schools this decade – Overall Creek Elementary and Salem Elementary. On top of this, many companies have relocated or expanded to this developing city.
“We are pleased to expand our presence in Murfreesboro,” said Christine DeFilippis, Chief Investment Officer of American Landmark. “The community is in the ideal location for those looking to live in a small, up-and-coming city, with a great school system, job opportunities and plenty of shopping and dining just minutes away.”
Built in 2001, Scout Landing is located at 261 Veterans Parkway. It offers one-, two- and three-bedroom floor plans ranging from 529 to 1,340 square feet. The apartments feature a loft-style layout and interior features like stainless steel appliances, granite countertops, vinyl flooring, a dishwasher, walk-in closets, framed vanity mirrors, a washer and dryer, high-speed internet, a fireplace and vaulted ceilings. Amenities include a pool and clubhouse, planned social activities, a pet play area, a playground and a grill and picnic area.
The property is situated near Interstate 24 at the junction of South Church Street and Veterans Parkway, providing easy access to Elementary and Rutherford County Schools and various parks, restaurants and shopping locations in downtown Murfreesboro.
