American Landmark Apartments has scooped up a 240-unit apartment complex near Nashville International Airport and is slapping on a new name: Woodland Pointe Residences. The property at 1501 Woodland Pointe Drive in Donelson sits a short drive from Percy Priest Lake and Interstate 40 and was built in 2001. The sale shifts a long-running garden-style community into the hands of a national operator that focuses on Sun Belt multifamily.
Connect CRE reported that Tampa-based American Landmark paid $51.5 million for the asset and noted that the Nashville Business Journal identified Security Properties Residential as the seller. The deal surfaced in industry rundowns on July 1, 2026, and then filtered through local coverage and commercial real estate newsletters as one more sign of institutional money flowing into the Nashville market.
Buyer frames the deal as an operational play
American Landmark confirmed the purchase and said it will rebrand the community from the Hamptons at Woodland Point to Woodland Pointe Residences, according to citybiz. Elizabeth Roy, the firm's chief investment officer, told the outlet, "We're confident in this asset's submarket location and in our ability to unlock value via our well-honed operational knowhow." That pitch lines up with a broader value-add strategy American Landmark has been using in Sun Belt metros.
What the property offers
The complex includes 240 one-, two- and three-bedroom homes and a slate of amenities that runs from a swimming pool with sundeck and fitness center to a clubhouse, business center, dog park, BBQ pavilion, car-care center and controlled-access entry. Apartment listings and the community page list the address as 1501 Woodland Pointe Drive and show the property's 2001 construction date, per the property's listing on Apartments.com. Those materials outline the unit mix and resident-facing features the new owner takes over at closing.
Where the asset came from and what might follow
Security Properties has been tied to the community in earlier ownership cycles, and regional coverage from 2018 details a prior transaction and a planned upgrade program under Security Properties' watch, according to REBusinessOnline. With American Landmark now at the helm, observers can reasonably expect the operator to lean on its usual renovation and operations playbook. The company describes a "proprietary renovation process and hands-on management" on its strategy pages and often follows acquisitions with unit and amenity refreshes. American Landmark outlines that approach.
What to watch
Residents and neighbors should keep an eye out for new signage, leasing notices and any posted renovation timelines, which are typically the first public signs of a change in ownership. How extensive and how fast any unit or common-area work rolls out will likely drive whether rents and resident fees move much over the next year. For now, the sale stands as one more example of institutional capital rotating into Nashville's suburban multifamily scene and reinforcing the city's pull with national operators.
