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American Landmark Buys 328-Unit Cavalli at Iron Horse Station Apartments Near Fort Worth
April 13, 2022
Cavalli at Iron Horse Station in North Richland Hills totals 328 units. The property was built in 2021.
NORTH RICHLAND HILLS, TEXAS — Tampa-based multifamily investment firm American Landmark has purchased Cavalli at Iron Horse Station, a 328-unit apartment community in North Richland Hills, a northern suburb of Fort Worth. Built in 2021, the property offers one-, two- and three-bedroom units that range in size from 605 to 1,298 square feet and are furnished with stainless steel appliances, granite countertops and private balconies/patios. Amenities include a pool, media/game room, fitness center, resident lounge, outdoor grilling and dining areas and a pet park. The seller and sales price were not disclosed.
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Tempe Metro, a 408-unit apartment community located in Tempe, Ariz., within the Phoenix metropolitan area. The property has been renamed “The Access.”
Fintech platform Ready Life is partnering with American Landmark Apartments to build new homeownership opportunities for renters. Ready Life was founded by Ashley D. Bell and Dr. Bernice A King. The mortgage lending model depends on good rental payment history, rather than credit scores, to help buyers qualify for a home purchase.
