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20-Unit Townhome Apartment Complex
For Sale
$5,100,000

101 Dresser Lane, Leland, NC 28451

Fully leased residential property with individually parceled townhome units and three-bedroom layouts.

Property Size29,222 SF
Days on Market143

Property Features for 101 Dresser Lane

General Information

Standard status Active
Size 29,222 SF
Total Parking Spaces 45
Property subtype Commercial
Zoning Le-T-4O
Occupancy 100%

Units

Unit Mix 20 x 3BR/2BA
Multifamily Units 20

Additional Details

Highway Access Yes

Building Details

Building Size 29,222 SF
Year Built 2018
Units 20
Listing Agency: Town & Country Real Estate
Listed By: Jenna Toomey · License #257009
Source: Thomasrealtysold
Added: Mar 26 Changed: Aug 14 Last Checked: Aug 14 at 1:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Town & Country Real Estate

Investment Insights

Based on property information with market context.

This apartment building complex contains 20 individually parceled townhome units, each configured with 3 bedrooms and 2 full baths. Completed in 2018, the property is fully leased and carries Le-T-4O zoning. The unit-by-unit parcel structure provides a defined residential configuration within the overall multifamily asset.

The property is located at 101 Dresser Lane in Leland, North Carolina, within the Leland submarket near Wilmington. Regional access includes US-17 and I-140, connecting the property with surrounding coastal Carolina communities. The offering combines a 20-unit townhome format with established occupancy and a location in an active Brunswick County growth area.

Key Highlights

  • 20 townhome units, each with 3 bedrooms and 2 full baths
  • Fully leased apartment building complex
  • Units are individually parceled residential properties

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Real Estate Agency Law Firm Grocery & Convenience Store Furniture & Home Goods Bakery (Bike/Boat/Book/etc) Store

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

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 - Fully leased residential property with individually parceled townhome units and three-bedroom layouts.
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 $5,100,000.
What are key features of this property?
This property features: 20 townhome units, each with 3 bedrooms and 2 full baths; Fully leased apartment building complex; Units are individually parceled residential properties
More about this property
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