Skip to main content

Multifamily

Thorndale Townhomes

600 Fairway Dr, Oxford, NC 27565

Listing Price: $700,000

Cap Rate
4.80%
Number of Units
6
Occupancy
95.0%
Price/Unit
$116,667
Price/Gross SF
$111.96
Gross SF
6,252

Investment Overview

With stable occupancy continually above 95%, a new resident waiting list, and rental rates that are below market relative to competing properties in the area, Thorndale Villas are well positioned to provide investors with strong performance for years to come. The property’s location provides residents with a quiet, serene environment that is located in close proximity to the interstate 85 corridor, area employers, and recreation destinations. This property is conveniently located in the Historic City of Oxford, a short drive to Kerr Lake, Research Triangle Park, and an assortment of shopping and dining options

Investment Highlights

  • ? Located in the Town of Oxford, recognized as a National Register Historic District
  • Great proximity to the I-85 corridor, area employers, recreation destinations
  • Opportunity to increase rental income

Exclusively Listed By

Financing By

Listing Price: $700,000

Cap Rate
4.80%
Number of Units
6
Occupancy
95.0%
Price/Unit
$116,667
Price/Gross SF
$111.96
Gross SF
6,252

Investment Highlights

  • ? Located in the Town of Oxford, recognized as a National Register Historic District
  • Great proximity to the I-85 corridor, area employers, recreation destinations
  • Opportunity to increase rental income

Investment Overview

With stable occupancy continually above 95%, a new resident waiting list, and rental rates that are below market relative to competing properties in the area, Thorndale Villas are well positioned to provide investors with strong performance for years to come. The property’s location provides residents with a quiet, serene environment that is located in close proximity to the interstate 85 corridor, area employers, and recreation destinations. This property is conveniently located in the Historic City of Oxford, a short drive to Kerr Lake, Research Triangle Park, and an assortment of shopping and dining options

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower