LANDMARK APARTMENT TRUST ACQUIRES ANDROS ISLES IN DAYTONA BEACH

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DAYTONA BEACH, FLA. — Landmark Apartment Trust, a publicly registered multifamily real estate investment trust, has purchased Andros Isles, a 360-unit, newly constructed apartment community at 100 Acklins Circle in Daytona Beach. The property was 95 percent occupied at the time of the sale. Delivered in August 2012, the gated community is comprised of one-, two- and three-bedroom apartments. The island-inspired property features private patios and balconies, gourmet kitchens, walk-in closets, in-home washers and dryers and iPod docking stations with surround sound. The community’s amenity package includes a resort-style swimming pool with a patio bar, poolside grills and a clubhouse with a fitness center, business center and game room.

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