Olympus Property Expands Portfolio with Primrose Acquisition in Thriving Florida Market
Exciting news in the world of multifamily real estate – Olympus Property, a luminary among real estate investment and property management firms, has achieved new heights with a successful acquisition of Primrose, an esteemed residential community in Santa Rosa Beach, FL. Encompassing 288 units in one of the most prosperous communities of the Florida Panhandle, Primrose holds a captivating allure for expansive real estate players looking to solidify their presence in this lucrative submarket.
Born in 2022, Primrose now adorns Olympus Property’s rapidly proliferating portfolio. Our exclusive community has gained considerable traction by amassing over 31,000 units across 14 states, with Olympus Property at the helm. This prosperous expansion goes beyond numbers; they are a testament to Olympus Property’s committed efforts and undeniable industry prowess.
Consider this acquisition as a chapter furthering the success narrative that emerged with the acquisition of Olympus Emerald Coast in 2021, whose performance has been punching above its weight. Much-appreciated affirms Wade Madden, Chief Operating Officer at Olympus Property, “This strategic acquisition is a remarkable stride forward in enhancing our residence experiences and fortifying our regional imprint, consistently matching our quest for top-notch assets in prime locations”.
Primrose isn’t just placed conveniently—it enjoys the neighborhood of pristine beaches and the acclaimed Emerald Coast, characterizing luxury and an exceptional lifestyle, qualities that make Northwest Florida so attractive. This is a location with distinction, swarmed with the greatest regional amenities such as Grand Boulevard at Sandestin, 30A, Sacred Heart Hospital, and Sandestin Golf & Beach Resort that amplify its charisma. No wonder it has made its well-deserved place in Conde Nast Traveler’s coveted ‘Top 10 Best Small Towns in the U.S.’ list – a testament to quality living at its finest.
The crown jewel of Primrose, marking it a Class A community, isn’t solely its location; it also lies in the extravagant features it hosts within its bounds. Two saltwater pools, private poolside cabanas, a poolside entertainment deck equipped with a grilling kitchen and fire pits, a gaming lawn, and a smartly outfitted cardio and flex gym align seamlessly with a resident lounge. Complementing this opulence is a basket of living options generously sprinkled over four-story apartments, two-story townhome units, and carriage houses—all en vogue in the current market. Units ostentatiously flaunt touches of luxury – designer kitchens, expansive islands, quartz counters, artisanal tile backsplashes, wood-style flooring, and a full-size washer & dryer completes a fascinating home canvas.
Keep watching this space as we continue to ride the wave of investment growth and transform regions into communities you’d proudly pick as your next home.