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American Landmark Apartments Acquires 366-unit Class ‘A’ Dallas Metro Apartment Community
American Landmark Apartments Acquires 366-unit Class ‘A’ Dallas Metro Apartment Community
Sep 18, 2024

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American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has acquired Prose Eastgate, a 366-unit apartment community to be renamed ‘The Jameson’ nestled in the city of Fate, Texas within the Dallas-Fort Worth MSA. Built in 2023, the property is found within the Rockwall submarket of the Dallas-Fort Worth metroplex.

This acquisition marks American Landmark’s 46th property in Texas and 20th asset in the Dallas metroplex, signifying its continued confidence in the Lone Star State’s multifamily fundamentals.

“The Jameson represents a strategic addition to our portfolio as the result of an opportunistic basis stemming from a shift in local price discovery,” said Christine DeFilippis, Chief Investment Officer at American Landmark Apartments. “A national leader in job growth, the Dallas metro area continues to serve as a compelling market providing multiple demand drivers that satisfy our investment thesis.”

Located at 255 Williamsburg Parkway, The Jameson offers an unparalleled living experience with spacious one- and two-bedroom floor plans. Each unit is designed with modern amenities such as stainless-steel appliances, spacious walk-in closets, and gourmet kitchens with granite countertops, ensuring residents enjoy the epitome of comfort and sophistication.

The Class ‘A’ community features an array of world-class amenities, including a resort-style pool with tanning deck, a covered poolside pavilion, large open courtyards with gas grilling stations, a clubhouse with resident lounge and entertaining kitchen, a 24-hour fitness center, and a convenient on-site dog park. The property also offers a business center, Wi-Fi throughout community spaces, and a 24-hour package receiving system, providing residents with an unparalleled lifestyle enriched with convenience and leisure.

With its prime location in Fate, Texas, The Jameson offers residents a coveted blend of small-town charm and modern urban convenience. Its proximity to major employment centers, retail destinations such as Plaza at Rockwall and The Harbor, and recreational facilities like Stone River Golf Club and Harry Myers Park further enhances its appeal as a premier residential destination in the Dallas-Fort Worth metroplex.

For more information on American Landmark, please visit http://www.alapts.com/.

About American Landmark

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. For more information, please visit www.alapts.com.


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