American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has acquired Ingleside Apartments, a 304-unit class A community to be renamed Sage at Ingleside located in North Charleston, South Carolina.
This acquisition marks American Landmark’s seventh property in the Charleston MSA, signifying its continued confidence of the region’s robust multifamily fundamentals.
“The acquisition of Sage at Ingleside signifies our continued approach to expanding in compelling markets that have illustrated a trajectory for long-term growth,” said Christine DeFilippis, Chief Investment Officer at American Landmark Apartments. “A leader in job growth, Charleston has consistently demonstrated a key factor important to our investment thesis, allowing us to expand further in this market.”
Located at 9345 Blue House Road, Sage at Ingleside offers a wide array of amenities featuring both traditional and renovated interior finishes. Each unit is designed with modern amenities such as wood-style flooring, 9-foot ceilings with crown molding, stainless-steel or black appliances, and granite countertops. Community amenities include free Wi-Fi, a 24-hour fitness center, a barbecue picnic area, a multipurpose clubhouse, and an onsite dog park.
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 32,000 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 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.
