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Swimming pool area at one of American Landmark

Florida investor snaps up North Plano rental community

A Tampa-based apartment investor has purchased a large Plano rental community. American Landmark has acquired the 480-unit Legends at Ridgeview Ranch apartments located just south of State Highway 121 on Kathryn Lane. Built in 1999, the apartment community was more than 96 percent leased when it sold. American Landmark plans to spend $3.7 million on upgrades to the property.

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