American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has acquired The Pointe on Westshore, a 444-unit apartment community nestled in the vibrant city of Tampa, Florida. Built in 2021, the property is strategically positioned adjacent to South Tampa’s new waterfront Westshore Marina District.
This acquisition signifies American Landmark’s selective pursuit of value-add and opportunistic core plus properties in high-growth markets throughout the Sun Belt. According to the Tampa Bay Economic Development Council, the Tampa MSA is expected to grow by 6.5% through 2026, solidifying its status as one of the nation’s fastest-growing metropolitan areas.
“The Point on Westshore offered a compelling opportunity to invest in a market that we’ve come to know and own throughout the history of American Landmark,” said Christine DeFilippis, Chief Investment Officer at American Landmark Apartments. “The city’s growth trajectory, highlighted by its expanding job market and increasing population, underscores its appeal as a prime destination for residents and investors alike. With its stunning waterfront location and array of world-class amenities, The Pointe on Westshore sets a new standard for luxury living in Tampa.”
Located at 4950 W Prescott St., The Pointe on Westshore offers an unparalleled living experience with spacious 1-, 2-, and 3-bedroom floor plans boasting panoramic views of Tampa Bay. The property consists of 13 five-story apartment buildings as well as two-story townhomes. Each unit is meticulously designed with modern amenities, including washer/dryer units, stainless steel appliances, quartz countertops, and frameless glass shower doors, ensuring residents enjoy the epitome of comfort and sophistication.
The community features an array of world-class amenities, including a resort-style swimming pool, state-of-the-art fitness center, pet spa, business center, and BBQ/picnic area, providing residents with an unparalleled lifestyle enriched with convenience and leisure.
With its prime location between Downtown Tampa and St. Petersburg, The Pointe on Westshore offers residents a coveted blend of urban convenience and scenic tranquility. Its proximity to major employment centers, retail destinations, and recreational facilities further enhances its appeal as a premier residential destination in the Tampa Bay area.
The acquisition of The Pointe on Westshore aligns with American Landmark Apartments’ commitment to providing exceptional living experiences in dynamic markets.
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.
