Olympus Property Continues its Growth With Luxury Apartments Acquisition
- Nov 04, 2015
Fort Worth, Texas—U.S. real estate investment firm Olympus Property is expanding its reach with its latest acquisition of luxury apartment community Alexan Arts in Dallas, close to the company’s headquarters in Fort Worth.
“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,” said Olympus Property co-founder Anthony Wonder.
Sitting on over 3.5 acres with 368 luxury apartment units, Alexan Arts is a Class A luxury mid-rise apartment community, which was newly built in 2015. Residents enjoy spacious floor plans with ten-foot ceilings and stainless steel appliances, as well as amenities such as a resort- style swimming pool with poolside cabanas, a state-of-the art fitness center and a clubhouse with a social lounge.
The luxury apartments are conveniently located in the lively Dallas Arts District and near the city’s central business district. Alexan Arts also offers direct access to the Dallas North Tollway and is surrounded by dynamic areas such as Downtown Dallas, Oak Lawn and Victory Park.
Other notable apartment features include quartz counter tops and private balconies, with options for a Sonos audio system or private yard upgrades.
This acquisition marks the third property to be added to Olympus Property’s fifth fund, WW Olympus Property V LLC.
“Alexan Arts is a trophy Class A property in a top growth corridor in Dallas that will see continued growth and improvement,” said Chase Bennett, senior acquisitions analyst at Olympus Property.
Image courtesy of Trammell Crow Residential