Investor Group Buys 83 Historic Downtown Homes

A family of investors bought more than 80 historic downtown rental homes recently for nearly $5 million.

Olson Portfolio 2 LLC, whose managing members Amariah and Larry Olson are from Wilmington but now live in Atlanta, bought 83 houses with a total of 93 units for about $4.9 million, according to an announcement from Cape Fear Commercial.

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(Wilmington Business Journal, 6/1/2016)