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Fully Leased Apartment Complex
For Sale
$4,995,000

101 Dresser Lane, Leland, NC 28451

Commercial Sale, Leland, NC

Property Size29,222 SF
Lot Size1.96 Acres
Price / SF$170.93
Days on Market185

Property Features for 101 Dresser Lane

General Information

Property type Commercial Sale
Property subtype Other
Zoning Le-T-4O
Parking 45
Subdivision Woodburn Townhomes
Directions From Wilmington, take Hwy 17 to US 76, exit right onto NC133 and stay in the right two lanes, continue onto Village Road, turn right onto Dresser Lane, take first left into parking lot.
Standard status Active
APN 038af014
Size 29,222 SF
Lot size 1.96 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Multi
Tax Annual Amount 28000
Legal Description Multi

Utilities

Heating system Electric (Heating)

Building Details

Year built 2018
Number of units 20
Flooring type Carpet, Lvt/lvp
Building materials Vinyl Siding
Listing Agency: Town & Country Real Estate
Listed By: Jenna Toomey · License #257009
Added: Mar 26 Changed: Sep 8 Last Checked: Sep 26 at 4:06AM
MLS# 100562810

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2018, this apartment complex comprises 20 individually parceled townhome units totaling 29,222 square feet on 1.96 acres. Each residence includes three bedrooms and two full baths, with vinyl siding, LVT/LVP and carpet flooring, and electric heating. The property is fully leased and carries Le-T-4O zoning.

The asset is located in Leland, North Carolina, near Wilmington and within a market described as experiencing residential and commercial expansion. Regional access includes US-17 and I-140, while Brunswick County is identified as a population-growth area. Its coastal Carolina setting and proximity to Wilmington provide the surrounding market context for this multifamily property.

The individually parceled configuration provides a distinct ownership structure across the 20 residential units while maintaining a single multifamily offering.

Key Highlights

  • 20 townhome units with three bedrooms and two full baths each
  • 29,222 square feet across 1.96 acres
  • Fully leased residential occupancy

Property Analytics

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Current Use

1031 exchange properties

Suggested Use

Top Pick Real Estate Agency Law Firm Grocery & Convenience Store Plumbing Service Bakery Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

304
Businesses Nearby

Demographics for 28451, NC

39,025
Population
19,672
Households
2
Avg Household Size
48
Median Age
34%
College-Educated
92%
High-School Grad
172.2 sq mi
ZIP Area
227
Density / Sq Mi
$77,380
Median Household Income
$41,164
Median Earnings
$1,465
Median Rent
$315,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Twenty individually parceled townhomes offer fully leased residential occupancy in a growing coastal North Carolina submarket.
Where is this apartment building located?
The property is located at 101 Dresser Lane Leland, NC.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: 20 townhome units with three bedrooms and two full baths each; 29,222 square feet across 1.96 acres; Fully leased residential occupancy
More about this property
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