FORT LAUDERDALE, FL - American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Glen at Cypress Creek, a 224-unit apartment community located in North Lauderdale, Fla., in Broward County. The property has been renamed “The Asher.”
“South Florida has seen record growth this past year, with a number of corporation relocations driving intense demand for apartments in the tri-county area,” said Christine DeFilippis, Chief Investment Officer of American Landmark. “We are pleased to continue growing our portfolio in South Florida, where American Landmark already has an extensive presence.”
Built in 1997 and located at 1949 Cove Lake Drive, The Asher offers one-, two- and three-bedroom floor plans ranging from 760 to 1,238 square feet. The apartments feature wood-style flooring, stainless steel appliances, a dishwasher, a washer and dryer, spacious walk-in closets and some units include a private terrace or balcony. Located next to Cove Lake, the community provides a wide range of amenities such as a pool, sundeck, fitness center, business center, barbeque and picnic area, car care center, volleyball court, basketball court and racquetball court.
The property is situated halfway between Fort Lauderdale and Boca Raton, just minutes away from Florida’s Turnpike and I-95, providing easy access to world-class golf courses, famous beaches and an array of shops and restaurants downtown. The location offers an urban and suburban mix as it is a small quiet area but neighbors the bustling city of Fort Lauderdale.
ABOUT AMERICAN LANDMARK APARTMENTS: American Landmark Apartments is one of the fastest-growing multifamily owner-operators in the United States and ranks No. 35 on the National Multifamily Housing Council list of the top apartment owners in the country with approximately 34,000 apartment units in its portfolio. Based in Tampa, Florida, American Landmark specializes in the acquisition and management of value-added multifamily properties located in high-growth markets throughout the Sunbelt, including Arizona, Georgia, Florida, North Carolina, South Carolina, Tennessee and Texas. American Landmark is committed to delivering great service and outstanding living environments to residents and delivering consistent, attractive risk-adjusted returns to investors and partners. For more information, please visit www.alapts.com