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Thompson Thrift sells 276-unit class A multifamily community near Charlotte
Transactions - DECEMBER 17, 2024

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Thompson Thrift sells 276-unit class A multifamily community near Charlotte

by Denise Moose

Thompson Thrift, a full-service nationally recognized real estate company, announced the sale of Taylor Farms, a 276-unit, class A multifamily community 20 minutes from uptown Charlotte, N.C. Northmarq brokered the sale to Atlanta-based Mesa Capital Partners.

"Taylor Farms was our first multifamily community in the Carolinas, and we were fortunate to capitalize on its prime location to bring a high-quality community to one of the nation's hottest rental submarkets," said Josh Purvis, managing partner for Thompson Thrift Residential.

Located off Interstate 485 and Mallard Creek Road in the University City submarket, the 16-acre Taylor Farms features 276 apartment homes in eight three-story, garden-style structures and 64 detached garages.

Completed in December 2023 and already reaching stabilization, each of the one-, two- and three-bedroom layouts is appointed with premium finishes, including gourmet bar-kitchens with quartz countertops, stainless steel applianc

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