Olympus Property Acquires Three Apartment Communities Totaling 679-Units in Keller, Texas

KELLER, TX – Olympus Property and Artemis Real Estate Partners are proud to announce the closing acquisition of their 4th multi-family joint venture, the Keller Portfolio. These three Class A properties consist of 679 units in the upscale city of Keller, a Dallas-Fort Worth suburb.

The Stoneleigh Companies originally developed these three properties, which Olympus Property and Artemis purchased from Stoneleigh. These three Keller properties have been rebranded as Olympus Town Center, Olympus Stone Glen, and Olympus Waterford effective immediately.

Due to scarcity of land, rising construction costs and increasing restrictions on multifamily development in Keller and surrounding communities, the premier Keller / Southlake submarket offers residents a family friendly community with premier schools, easy airport access, and a central location between both Dallas and Fort Worth.

“As a former Keller resident, I can truly tell you it’s a phenomenal place to live and these three properties are in prime locations in Keller,” said Anthony Wonderly, Principal of Olympus.

The Keller / Southlake submarket features a plethora of nearby job drivers, including the nearby regional economic powerhouse known as Alliance Texas, a master-planned development spanning 18,000 acres, employs 44,000 people.  Nearby these properties in Westlake are the corporate campuses of Schwab, Deloitte and Fidelity employing an additional 2,500 people.

“Keller is a strong rental market with the Portfolio representing some of the best locations and highest quality assets in the submarket.  The Portfolio is ideally positioned to offer residents seeking top schools, great amenities and proximity to employment centers a variety of options across the three properties,” said Liah Chin, Vice President at Artemis.