Olympus Property, a full-service multifamily investment and property management organization operating as a private equity firm and headquartered in Fort Worth, Texas, has acquired King’s Quarter at Jack Britt in Fayetteville, N.C.

King’s Quarter at Jack Britt, a 252-unit garden-style community, marks the third holding for Olympus Property in Fayetteville. It boasts amenities including a playground, a pool area with cabanas, grilling stations, a pet park, a fitness center and garages. Olympus looks to continue to expand its presence in the multifamily real estate industry. The company currently owns and manages over 27,000 units spanning across 14 states.

“Fayetteville was just ranked amongst the top in the nation with year-over-year rent growth north of 11%,” comments Travis Bertetto, associate director of acquisitions at Olympus Property. “Paired with the economies of scale we will realize by owning two other assets in the market, this acquisition will be a great addition to our expanding portfolio.”