101 Dresser Ln, Leland, NC 28451

$5,250,000

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Courtesy of Town & Country Real Estate

List Price
$5,250,000
Status
ACTIVE
Days on Market
127
MLS#
100562810
Subtype
Commercial Sale
Year Built
2018
Lot Size
85,378
Acres
1.96
Subdivision
Woodburn Townhomes
Neighborhood
Woodburn Townhomes

Property Description

Rare opportunity to acquire a fully leased well-located 20-townhome complex investment property in the rapidly growing Leland submarket, just minutes from Wilmington. This asset offers stable in-place income with significant upside potential in one of the fastest-growing coastal regions in the Southeast. The property consists of twenty 3 bedroom, 2 full bath individually parceled residential units with strong occupancy history and consistent rental demand driven by population growth, employment expansion, and continued migration to the coastal Carolina region. Leland has experienced substantial residential and commercial growth in recent years due to its proximity to Wilmington, access to major transportation corridors including US-17 and I-140, and its appeal as a more affordable alternative to nearby coastal markets. Brunswick County continues to see above-average population growth, supporting strong fundamentals for multifamily housing. The offering presents an attractive opportunity for private investors, owner-operators, and 1031 exchange buyers. With replacement costs continuing to rise and limited new supply in the immediate submarket, existing multifamily assets such as this property remain highly desirable among investors seeking long-term holds in high-growth coastal markets.

Additional Information

Zoning
Le-T-4O
Flooring
Vinyl, Carpet
Heating
Electric
Foundation
Slab
Parking Features
On Site

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Calculator source: Real Geeks

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