Argyle Lake Apartments in Oakleaf sold for $54.4 million

The 270-unit community was developed in 2021.

  • By
  • | 3:39 p.m. May 12, 2021
  • | 5 Free Articles Remaining!
  • Real Estate
  • Share

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. 




Special Offer: $5 for 2 Months!

Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.