The Deerwood Park Apartments sold Dec. 17 for $50.5 million to American Landmark Apartments.
The 282-unit community at 4435 Touchton Road was built in 2002. American Landmark is rebranding the community to Eddison at Deerwood Park.
Walker & Dunlop multifamily specialists Brian Moulder, Bobby Gatling and Dhaval Patel represented the seller, Miami-based Lloyd Jones Capital.
The community offers one-, two- and three-bedroom units renting from $1,158 to $1,633 a month.
Amenities include a swimming pool, fitness room, co-working space, volleyball court, complimentary coffee bar, dog park and playground.
Units include open floor plans, granite or quartz countertops, stainless steel appliances, wood-style flooring, balconies and patios and in-unit washers and dryers.