Olympus Property Acquires Alexan Arts in Dallas, Texas

Nov 02, 2015, 19:02 ET from Olympus Property

FORT WORTH, Texas and SAN FRANCISCO, Nov. 2, 2015 /PRNewswire/ -- Olympus Property continues to make 2015 an impressive growth year with the acquisition of Alexan Arts in Dallas, Texas near Olympus' headquarters in Fort Worth, Texas.

Alexan Arts is a Class "A" luxury mid-rise apartment community situated on over 3.5 acres and comprised of 368 luxury apartment units. Built in 2015, Alexan Arts offers lavish amenities that include a clubhouse with social lounge, resort-style swimming pool with outdoor grills and TVs, poolside cabanas, three fireside lounges, and a state-of-the-art fitness center.

"Alexan Arts will not only be an excellent local acquisition for Olympus but will be a great compliment and sister property to our Mosaic high-rise property in downtown Dallas," stated Anthony Wonderly, co-founder of Olympus Property.

Situated in a dynamic infill location in the Dallas Arts District with direct access to I-75 and the Dallas North Tollway, Alexan Arts is surround by Dallas's most vibrant areas including Uptown, Downtown Dallas, Arts District, Oak Lawn, and Victory Park. The property is positioned near the Dallas CBD.

Alexan Arts' spacious floor plans are well-appointed with quartz countertops, stainless steel appliances, ten-foot ceilings, tile backsplash, private balconies and optional Sonos audio system and private yard upgrades.

Chase Bennett, the Senior Acquisitions Analyst at Olympus Property, commented further, "Alexan Arts is a trophy Class "A" property in a top growth corridor in Dallas that will see continued growth and improvement."  

Alexan Arts is the third property to be added to Olympus Property's fifth fund, WW Olympus Property V, LLC.  The investment structure will provide investors an opportunity to diversify among numerous multi-family assets in strong markets throughout the United States. The opportunity is available immediately for new investors and offers an attractive return with an experienced owner/operator. 

To learn more about becoming involved and diversifying your portfolio with Olympus Property, please contact Braden Barr at 415-689-5855 or at Braden.Barr@OlympusProperty.com.  

About: Olympus Property
Olympus Property, founded in 1992, is a fully integrated real estate investment firm based in Fort Worth, Texas. Over its 23-year history, the company has become a successful and recognized name in the multi-family industry.  Olympus currently owns and manages 11,000 units across 8 states including Texas, Florida, Oklahoma, Arizona, Tennessee, Georgia, New Mexico, and California.  

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SOURCE Olympus Property



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