FORT WORTH, TX – Multifamily owner and operator, American Landmark Apartments has acquired the 300-unit luxury apartment complex, The View at Fort Worth, in Fort Worth, TX.
American Landmark Apartments plans to rebrand and rename the property, The Shelby at Northside.
The property, which was acquired for an undisclosed price, was built in 2018.
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Located at 1852 N. Eastside Dr., near Interstate 35, the multifamily community comprises studio, one- and two-bedroom floorplans, ranging from 594 square feet to 1,169 square feet. The units feature hardwood style flooring, walk-in closets, energy-efficient thermostats, in-unit washers and dryers, private patios or balconies and kitchens with stainless steel appliances, tile backsplashes and quartz countertops.
The complex offers communal amenities, including a resort-style pool and sundeck, outdoor fire pit lounge area, clubhouse, fitness center, cyber café, business lounge, bark park and pet wash spa, complimentary coffee bar, package lounge, yoga loft, shuffleboard and two courtyards.
In addition to the rebrand, American Landmark Apartments will add new light fixtures and electronic/smart locks for apartments. The firm will additionally complete upgrades to the pool deck area, fitness center and landscaping.
With this recent acquisition, American Landmark Apartments now owns 18 apartment communities in the Dallas-Fort Worth metropolitan area.
"This is a brand new luxury property in an excellent location in the highly sought-after Fort Worth submarket of Dallas," states Christine DeFilippis, chief investment officer at American Landmark Apartments. "Suburban sunbelt markets like this one have outperformed other markets throughout the past year due to high in-migration from large cities and high-tax states. This property is an excellent addition to our growing Texas portfolio."
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
