Will Thompson & Chris Apostal Of Oakdale Capital Acquire Fayetteville Portfolio For $32M

The Fayetteville Portfolio consists of three multifamily properties located at 5508 Faith Drive, 1100 Marlborough Road, and 910 Greenleaf Drive in Fayetteville, NC. The total unit count for this asset is 323, with a sale price of $32,000,000, resulting in a price per unit of $99,071. The transaction was financed through Fannie Mae at a 75% loan-to-value ratio with a fixed interest rate of 4.75% and a 5-year term featuring 36 months of interest-only payments.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $32,000,000
• Units: 323
• Price per Unit: $99,071
• Buyer: Will Thompson & Chris Apostal - Oakdale Capital
• Financed by: Branden McBirney, Berkadia LA
• Management Company: Carlisle Residential Properties

Will Thompson and Chris Apostal, representing Oakdale Capital, a multifamily investment firm based in Chicago, successfully acquired the Fayetteville Portfolio in this off-market deal. The transaction is set to be managed by Carlisle Residential Properties, located in Greensboro, NC.