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Jax Daily Record Wednesday, May 12, 202103:39 PM EST

Argyle Lake Apartments in Oakleaf sold for $54.4 million

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The 270-unit community was developed in 2021.
by: Katie Garwood Staff Writer

The newly constructed Argyle Lake Apartments in Oakleaf sold May 10 for $54.4 million. 

The 270 units sold for an average of almost $201,500 each.

The Walker & Dunlop multifamily investment sales team of Bobby Gatling, Dhaval Patel and Brian Moulder represented the seller, Chadbourne V LLC. 

Tampa-based American Landmark Apartments was the buyer. 

The apartments, at 9849 Crosshill Blvd. in Oakleaf Town Center, were built this year.

The community offers one-, two-, and three-bedroom floor plans with rents from $1,335 to $1,775 a month.

Units include granite counters, stainless steel appliances, a separate laundry room, pantries, vinyl-plank flooring and gooseneck kitchen faucets. 

Community amenities include walking trails, green space, a gym, pool, barbecue area, fire pit, pet play area and group fitness classes. 

 

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