American Landmark Acquires 248-Unit Boulders Lakeside Apartment Community in Richmond Submarket of North Chesterfield, Virginia

MIAMI, FL - American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired the 248-unit Boulders Lakeside Apartments in North Chesterfield, Va. Boulders Lakeside will be the company’s first Virginia multifamily acquisition since 2016.

So far this year, American Landmark has acquired more than $1.3 billion in apartment communities throughout the Sunbelt states of Texas, Florida, Georgia, and North and South Carolina, and has a significant presence in the Florida metros of Orlando, Tampa, Jacksonville and South Florida.

“The Boulders Lakeside Apartments are situated within miles of luxury shopping, restaurants, Virginia’s biggest universities, and numerous medical facilities including Chippenham and Johnston-Willis Hospitals,” said Christine DeFilippis, Chief Investment Officer of American Landmark. “This property is a great addition to our portfolio and offers attractive and affordable residence opportunities to both professionals, medical staff and students alike.”

Built in 2020 and located at 1006 Boulder Lake Terrace, Boulders Lakeside Apartments offers resort-style living surrounded by picturesque woodlands alongside a peaceful private lake. With one- and two-bedroom floor plans ranging from 757 to 1,156 square feet, the apartments offer generous space and chef-inspired kitchens with stainless steel appliances and quartz countertops. Community amenities include a cozy TV lounge with fireplace, expansive pet park and pet washing station, grilling stations, alfresco dining area, resort-style pool with spacious sundeck, walking trails, and a fully equipped yoga, TRX, and cycling studio.

The property is just minutes from the popular Stony Point Fashion Park, an upscale outdoor mall with several restaurant choices. Virginia’s James River partially bounds North Chesterfield on the north and east ends, and Powhite Park is a wooded space near Richmond, known for its trails and beaver dams. The apartments are also within 15 minutes of Richmond and within 10 miles of three of Virginia’s universities, The University of Richmond, Virginia Commonwealth University, and Virginia Union University. The property is approximately 31 minutes from Richmond International Airport.

TRENDING

Capital Square and Partners Complete 195-Unit Single-Family Build-For-Rent Community in Suburban Dallas Submarket of Denton DALLAS, TX - Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, announced the construction completion of Perch Denton, a 195-unit, single-family build-for-rent community in the Dallas suburb of...

More Stories

Get The Newsletter

Get The Newsletter

The latest multifamily industry news delivered to your inbox.