Olympus Property Acquires Wimberly at Deerwood in Jacksonville, Florida

10 Sep, 2015, 14:14 ET from Olympus Property

FORT WORTH, Texas and SAN FRANCISCO, Sept. 10, 2015 /PRNewswire/ -- One week after the successful acquisition of Elevation in Chandler, Arizona, Olympus Property is proud to report the closing of Wimberly at Deerwood in Jacksonville, Florida.  This is the fourth acquisition for Olympus Property in the Jacksonville market.

Wimberly at Deerwood is a Class "A" garden-style apartment community comprised of 322 apartment units. Constructed in 2000, Wimberly is situated on 33 acres in the heart of Jacksonville's most desirable Deerwood submarket. The property is ideally positioned within walking distance of two of Jacksonville's top employers, Florida Blue and Merrill Lynch. Additionally, the property is within close proximity to the St. Johns Town Center (boasting 4.5 square miles of outdoor shopping among 150 retail storefronts), downtown Jacksonville, The University of North Florida, St. Vincent Hospital, and The Mayo Clinic.

Chandler Wonderly, the co-founder of Olympus Property, stated, "Wimberly at Deerwood offers residents a unique combination of resort style living in one of the more sought after locations in Jacksonville."

Wimberly at Deerwood features a resort style swimming pool with jacuzzi, poolside cabanas, outdoor kitchen with two grills, indoor basketball court, sand volleyball court, fitness center, movie theater with 60 seats, onsite car wash, and dog parks. 

Interior amenities include nine-foot ceilings, crown molding, granite countertops, stainless steel appliances, electric stove, stainless steel undermount double sinks, double vanities, washer and dryer, screened private patio/balcony, exterior storage in the breezeway, intrusion alarms, walk-in closets, built-in wine racks and book cases.

Anthony Wonderly, Chandler's brother and co-founder of Olympus, added, "Wimberly is a top tier asset that we are proud to be adding to our Jacksonville portfolio."

Wimberly is the second 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. 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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