Olympus Property Acquires Legends at White Oak in Ooltewah, TN
FORT WORTH, Texas, Sept. 19, 2016
FORT WORTH, Texas, Sept. 19, 2016 /PRNewswire/ — Olympus Property expands their Tennessee portfolio with the acquisition of Legends at White Oak outside of Chattanooga, TN.
Legends at White Oak is a brand new Class “A” apartment community comprised of 312 units. Completed in 2015, Legends at White Oak is situated on over 21 acres and boasts high quality construction with top-of-the-market finishes and amenities. Residents’ amenities include an expansive salt-water pool with sun ledge, modern fitness center, two fully stocked fishing ponds, business center, billiards room, and a poolside cabana with fire pit.
“In addition to being an incredibly attractive asset, Legends at White Oak is perfectly situated near major job drivers within one of the best public school districts in Chattanooga,” said Ruyi Li, Acquisitions Manager for Olympus Property.
Units feature top-of-the-line finishes, including open floor plans with 9-foot ceilings, balconies with expansive views, oversized closets, stylish wood cabinetry in kitchens and baths, premium granite countertops, ceramic tile baths, faux wood blinds, washer and dryer, hardwood style flooring, ceiling fan with lights, and patios/balconies.
The Legends beneﬁts from its highly convenient location and provides convenient access to Chattanooga’s largest employers in Downtown and along Highway 75/I-75. The $1 billion Volkswagen automotive plant and the Amazon distribution center each employ over 2,400 and are located within a ﬁve minute drive time. Additionally, the property is a short 15-minute drive to the urban core of Chattanooga.
“We are thrilled to be expanding our Tennessee portfolio in Chattanooga, a beautiful town attracting employers and families from across the nation,” said Anthony Wonderly, Principal of Olympus Property.
Legends at White Oak is the fourth property to be added to Olympus Property’s sixth fund. The investment structure will provide investors an opportunity to diversify among numerous multi-family assets providing immediate cash flow in strong markets throughout the United States.
To learn more about 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 24-year history, the company has become a successful and recognized name in the multi-family industry. Olympus currently owns and manages 12,000 units across 8 states including Texas, Florida, Oklahoma, Arizona, Tennessee, Georgia, New Mexico, and California.
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SOURCE Olympus Property