Oakdale Capital Closes Off-Market Fayetteville, NC Multifamily Portfolio
BISWIRE/Dec. 12, 2025 — Oakdale Capital, a Chicago-based real estate investment firm focused on value-add multifamily opportunities across the Midwest and Southeast, announced the closing of the Fayetteville Portfolio, a three-property, 323-unit multifamily portfolio located in Fayetteville, North Carolina.
Acquired off-market for $99,000 per unit, the portfolio represents the first investment completed through Oakdale Capital GP Fund, LP and establishes a strong foundation for the firm’s ongoing acquisition pipeline. The assets feature well-located, garden-style communities with proven rent growth, stable tenant bases, and material operational upside through renovation and management improvements.
The transaction was financed through Fannie Mae under attractive long-term, fixed-rate terms, providing positive leverage at acquisition and strong current cash yields. Carlisle Residential Properties, based in Greensboro, NC, will lead property management with its deep expertise in the Fayetteville market.
“This deal embodies the thesis behind Oakdale. We target high-yield, well-located properties in secondary markets that are trading well-below intrinsic value,” said Will Thompson, Founder & CEO of Oakdale Capital. “At a $99,000 per-unit basis with Fannie Mae financing and projected double digit annual cash flow, this is the kind of durable outperformance our investors expect.”
Oakdale will execute a focused value-add strategy including selective interior renovations, exterior enhancements, and operational efficiencies designed to enhance resident experience while maintaining affordability for working households.
The acquisition underscores Oakdale’s broader investment strategy of targeting vintage Class B multifamily communities in high-growth, supply-constrained markets across the Midwest and Southeast that offer strong fundamentals, below-replacement-cost pricing, and compelling yield relative to institutional gateways.
About Oakdale Capital
Oakdale Capital is a multifamily real estate investment firm led by principals with over 30 years of experience. The firm acquires, operates, and improves value-add and core-plus apartment communities across the Midwest, Southeast, and Texas, combining institutional discipline, data driven market selection, and hands-on execution to deliver attractive, risk-adjusted returns.
For more information, visit www.oakdale-capital.com or contact investors@oakdale-capital.com.
Oakdale Capital | 1222 W Oakdale Ave, Chicago, IL 60657 | 312-620-7735 | www.oakdale-capital.com
