Olympus Property announced the acquisition of multifamily property Capital Crest at Godley Station, a 203-unit asset located in Savannah, Georgia.
Constructed in 2017, the community offers 14 unique floor plans, which range from one to three bedrooms. Additionally, the property features a wide range of amenities including a 2,500-square-foot sports club, saltwater pool accompanied by poolside cabanas and fireplace, theater, car care center, dog park and pet spa. The community also offers attached and detached garage parking. Unit interiors are modernized and include stainless-steel appliance packages, hardwood-style flooring, large kitchens, walk-in pantries, and washer & dryers.
“We are excited to add Capital Crest at Godley Station to our portfolio,” said Travis Bertetto, associate director of acquisitions at Olympus Property. “Savannah’s strong fundamentals and growth prospects make it an attractive market for us. With over 1,000 units under ownership within the market, we are looking forward to creating value for our investors by leveraging our management expertise and market knowledge.”
The property is positioned within a 15-mile radius of over 187,000 jobs, offering easy access to some of the region’s top employers, including Gulfstream, Georgia Pacific and the Port of Savannah. The region is experiencing rapid economic expansion, underpinned by the recent groundbreaking of Hyundai’s $6.4 billion electric vehicle and battery plant.
Established in 1992, Olympus owns and manages approximately 31,000 units in Arizona, California, Colorado, Florida, Georgia, Idaho, Kentucky, Montana, New Mexico, North Carolina, Tennessee, Texas, Utah and Wyoming.
