Olympus Property, a real estate investment and property management company, has completed the acquisition of Presidium Town Center, a 370-unit multifamily property located in Jacksonville, FL. Developed in 2021, this Class A community offers one of the highest-quality living experiences in the heart of the Deerwood Park submarket.
With over a decade of experience owning and managing properties in the region, including more than seven assets comprising 2,500 units, Olympus Property continues to solidify its position as a multifamily leader in the Jacksonville market with the acquisition of Presidium Town Center. As a prominent player in the multifamily real estate industry, Olympus Property remains committed to providing residents with exceptional living experiences and delivering strong returns to investors. Olympus currently owns and manages over 31,400 units across 14 states.
Nestled in the Southside submarket, Presidium Town Center offers residents convenient access to a wealth of amenities. Presidium Town Center is centrally located with access to over 7.8 million square feet of retail space. Positioned at the heart of Deerwood Office Park, Presidium Town Center provides residents with proximity to over 70,000 jobs, as well as institutions like the University of North Florida and St. Vincent’s Medical Center.
“We welcome the addition of Presidium Town Center to our growing portfolio,” comments Wade Madden, Chief Operating Officer at Olympus Property in a statement. “This acquisition aligns with our commitment to offering residents exceptional living experiences in prime locations. The unmatched access to employment centers, transportation, and entertainment make Presidium Town Center an ideal choice for individuals seeking a thriving community that combines convenience and quality living.”
Built in 2021, the community features contemporary design elements and high-quality finishes, such as expansive floor plan designs, smart home technology, plank wood-style flooring, stainless steel energy-efficient appliances, quartz countertops, modern tile backsplashes, and full-size washer and dryers. Residents can enjoy community amenities including a zero-edge pool, rooftop lounging deck with a fireplace, ultramodern fitness center, and indoor and outdoor fireplaces.
