JACKSONVILLE, FL—Olympus Property of San Francisco is has acquired the Stovall and Mirador at River City apartment properties here.

The two garden-style communities each feature 276 units. No financial terms of the transaction were released. CBRE Jacksonville brokers Brian Moulder and Dhaval Patel represented the seller in the transaction.

Mirador at River City is situated on over 17 acres. Built in 2007, it offers a clubhouse, spa, swimming pool with outdoor grilling, 24-hour fitness center, business center, billiard room, tennis court, basketball court, bark park, playground, and detached and attached garages. Stovall at River City is the first property to be added to Olympus Property's fourth fund, WW Olympus Property IV, LLC.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.