Correct Success: Olympus Property Acquires Mountain Trail in Flagstaff, Arizona

FORT WORTH, Texas, Jan. 6, 2021 /PRNewswire/ — Olympus Property broadcasts the profitable acquisition of Mountain Path, a backyard fashion Class-A multifamily group in Flagstaff, Arizona.

Olympus Property Acquires Mountain Trail in Flagstaff, Arizona — Olympus Property Acquires Mountain Path in Flagstaff, Arizona

Mountain Path is strategically positioned on the intersection of Interstate 40 and 17, Flagstaff’s main thoroughfares, solely 150 miles north of Phoenix. It’s the solely multifamily group within the Flagstaff market with direct-access garages, which is a well-liked demand in colder local weather cities. Group facilities embrace a big sizzling tub and fireside, state-of-the-art health heart, sauna room, placing inexperienced, and climbing and jogging trails. Mountain Path houses function 9-foot ceilings, chrome steel home equipment, granite counter tops, plank flooring, and sensible dwelling know-how.

“Mountain Path is likely one of the most fascinating property throughout the Flagstaff market due its superior location and distinctive direct-access storage design. The shortage of provide and authorities restrictions in Flagstaff in flip make this an interesting alternative to our Companions and Olympus,” stated Chase Bennett, Director of Acquisitions.

The town of Flagstaff is a flourishing market that’s seeing increasing development for these in search of a quieter different to Phoenix – a lot in order that Flagstaff made USAtoday.com’s 2018 record of “Ten Greatest Locations to Keep away from Noise, Mild, and Air Air pollution.” Flagstaff is the first academic, business, and cultural heart for northern Arizona together with numerous Excessive Tech and Improvement Industries. With greater than 44% of residents holding a bachelor’s diploma or increased, it’s Arizona’s most educated workforce. All inside 5 miles of Mountain Path are the town’s largest employers: the third largest college within the state – North Arizona College (3,500 jobs), Gore Artistic Applied sciences (3,000 Jobs), and Flagstaff Medical Heart (2,000 jobs). Often called the town of seven nationwide wonders, Flagstaff gives every little thing from the Grand Canyon Nationwide Park to the San Francisco Peaks which incorporates the Arizona Snowbowl, one in every of Arizona’s solely two ski resorts simply 30 minutes north of property. Moreover, simply three miles from the property is Aspen Place at Sawmill, a retail heart anchored by Complete Meals Market and REI.

Based in 1992, Olympus Property owns and manages a number of the most fascinating multifamily alternatives throughout the USA. Olympus Property is headquartered in Fort Value, Texas. Over a 28-year historical past, the agency has turn out to be a profitable and acknowledged title within the multifamily trade proudly owning and working roughly 17,000 items throughout ten states.

To study extra about Olympus Property, please contact Braden Barr at 415-686-0232 or Braden.Barr@OlympusProperty.com, or Jeff Evans at 325-829-8844 or Jeff.Evans@OlympusProperty.com.