Olympus Property Acquires Rocket Pointe in Durango, Colorado – PRNewswire

Durango is a scenic, resort-type market located in Southwest Colorado. The group is house to A nu…….


Durango is a scenic, resort-type market located in Southwest Colorado. The group is house to A numerous group of refacetnts – from world class physicians at Durango’s medical facilities, small-enterprise house owners & entrepreneurs, expert outdoors athletes, to distant staff relocating from costal metropolis facilities. Refacetnts and visitors take pleasure in an plentiful offering Of outfacet actions from mountaineering, tenting, snowboarding/snowboarding, fishing, whitewater rafting, searching, horseback driving, mountain biking, Mountaineering, and extra.

“The Durango market is experiencing An monumental inflow Of people shifting from greater cities. The inhabitants inflow Aprolongedside facet the extreme barrier-to-entry For mannequin spanking new flats has led Durango to be Definitely one of many prime markets Inside the nation When it Includes lease progress this previous yr.” said John Vu, Olympus Acquisitions Supervisor.

Accomplished in 2019, Rocket Pointe is one of solely two market-price multifamily communities constructed in Durango Inside the final 20 yrs. The property provides biggest-in-class amenities with a resort-type heated swimming pool, Clinic, group kitchen, bike restore station, ski/snowboard waxing room, and breezeway entry garages. Models function granite counterprimes, Stainless metallic house equipment, and designer finishes.

“Rocket Pointe Is An alternative for our agency to increase Proper into a prestigious, curlease-constrained new market with A strong elementary story. The asset is in a flourishing group with An excellent deal of prolonged-time period upfacet for our agency and our companions,” said Chase Bennett, Olympus Managing Director.

Based in 1992, Olympus Property owns and manages A pair of of In all probability the most fascinating multifamily alternatives throughout America. Olympus Property is headquartered in Fort Worth, Texas. Over a 29-yr historic previous, the agency has Discover your self to be a worthwhile and acknowledged identify Inside the multifamily enterprise proudly owning and working roughly 21,000 units throughout eleven states. Rocket Pointe is the fourth property in Olympus Property’s twelfth fund, Olympus Property XII LLC.

To study extra about Olympus Property, please contact Braden Barr at 415-686-0232 or [e-mail protected], or Jeff Evans at 325-829-8844 or [e-mail protected].

Supply Olympus Property