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Multifamily

The Links at Thorndale

701 Fairway Dr, Oxford, NC 27565

Listing Price: $12,000,000

Cap Rate
4.94%
Number of Units
92
GRM
8.71
Price/Unit
$130,435
Price/Gross SF
$138.71
Gross SF
86,509

Investment Overview

Marcus & Millichap is pleased to present The Links at Thorndale, a 92-unit multifamily community located in Oxford, North Carolina. Originally built in 2005, the property is situated on 15.48 acres and comprises a diverse mix of one-, two-, and three-bedroom floor plans, including townhome units with fireplaces.

The property offers the opportunity to assume a 2.50% HUD loan, subject to HUD approval, providing a new owner meaningful capital markets advantage in the current rate environment. Community amenities include a sparkling swimming pool with sundeck, BBQ and picnic area, well-appointed club room, fitness center, and on-site management and maintenance. Every unit features central heat and air conditioning, full-size washer and dryer hookups, private balcony or patio, above-standard ceiling heights, and outside storage. The community is EPA Energy Star certified, delivering energy-efficient operations across the property.

Oxford anchors Granville County, positioned approximately 29 miles north of Durham and the Research Triangle Park along the I-85 corridor. Granville County benefits from six I-85 interchanges and close proximity to Raleigh-Durham International Airport, positioning Oxford as an established commuter market for the broader Research Triangle economy. Notable Granville County employers include Revlon, Ontic Aerospace, Granville Health System, and Vance-Granville Community College. North Carolina has ranked in CNBC's top two states for business for six consecutive years, placing #2 in 2026.

Investment Highlights

  • 2.50% Assumable HUD Loan: Opportunity to assume a 2.50% HUD loan, subject to HUD approval, a meaningful advantage in the current rate environment.
  • 1BR + 2BR + 3BR Unit Mix: Diverse unit mix including one-, two-, and three-bedroom floor plans, plus townhome units with fireplaces.
  • Full Amenity Package: Swimming pool, sundeck, fitness center, club room, BBQ area, and full-size W/D hookups in every unit.
  • EPA Energy Star Certified: EPA Energy Star certified community delivering energy-efficient operations across all units.
  • Research Triangle Proximity: 29 miles north of Durham and Research Triangle Park via I-85, with six county I-85 interchanges.
  • Granville County Employment: Anchored by Revlon, Ontic Aerospace, Granville Health System, and Vance-Granville Community College.

Exclusively Listed By

Multifamily

The Links at Thorndale

Listing Price: $12,000,000

Cap Rate
4.94%
Number of Units
92
GRM
8.71
Price/Unit
$130,435
Price/Gross SF
$138.71
Gross SF
86,509

Investment Highlights

  • 2.50% Assumable HUD Loan: Opportunity to assume a 2.50% HUD loan, subject to HUD approval, a meaningful advantage in the current rate environment.
  • 1BR + 2BR + 3BR Unit Mix: Diverse unit mix including one-, two-, and three-bedroom floor plans, plus townhome units with fireplaces.
  • Full Amenity Package: Swimming pool, sundeck, fitness center, club room, BBQ area, and full-size W/D hookups in every unit.
  • EPA Energy Star Certified: EPA Energy Star certified community delivering energy-efficient operations across all units.
  • Research Triangle Proximity: 29 miles north of Durham and Research Triangle Park via I-85, with six county I-85 interchanges.
  • Granville County Employment: Anchored by Revlon, Ontic Aerospace, Granville Health System, and Vance-Granville Community College.

Investment Overview

Marcus & Millichap is pleased to present The Links at Thorndale, a 92-unit multifamily community located in Oxford, North Carolina. Originally built in 2005, the property is situated on 15.48 acres and comprises a diverse mix of one-, two-, and three-bedroom floor plans, including townhome units with fireplaces. The property offers the opportunity to assume a 2.50% HUD loan, subject to HUD approval, providing a new owner meaningful capital markets advantage in the current rate environment. Community amenities include a sparkling swimming pool with sundeck, BBQ and picnic area, well-appointed club room, fitness center, and on-site management and maintenance. Every unit features central heat and air conditioning, full-size washer and dryer hookups, private balcony or patio, above-standard ceiling heights, and outside storage. The community is EPA Energy Star certified, delivering energy-efficient operations across the property. Oxford anchors Granville County, positioned approximately 29 miles north of Durham and the Research Triangle Park along the I-85 corridor. Granville County benefits from six I-85 interchanges and close proximity to Raleigh-Durham International Airport, positioning Oxford as an established commuter market for the broader Research Triangle economy. Notable Granville County employers include Revlon, Ontic Aerospace, Granville Health System, and Vance-Granville Community College. North Carolina has ranked in CNBC's top two states for business for six consecutive years, placing #2 in 2026.

Exclusively Listed By

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