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

101 Dresser Lane, Leland, NC 28451

Commercial Sale, Leland, NC

Property Size29,222 SF
Lot Size1.96 Acres
Price / SF$174.53
Days on Market149

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 Lvt/lvp, Carpet
Building materials Vinyl Siding
Listing Agency: Town & Country Real Estate
Listed By: Jenna Toomey · License #257009
Added: Mar 26 Changed: Aug 19 Last Checked: Aug 21 at 5:06PM
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.

Completed in 2018, this 20-unit townhome apartment complex contains individually parceled residential units totaling 29,222 square feet. Each home offers three bedrooms and two full baths, with vinyl siding, carpet, and LVT/LVP flooring. Electric heating serves the residences, and the property is fully leased.

The 1.96-acre property is located in Leland, North Carolina, within Brunswick County. Its setting provides access to the Leland submarket and nearby Wilmington, with US-17 and I-140 identified as major transportation corridors. The property is zoned Le-T-4O.

Key Highlights

  • 20 townhome units totaling 29,222 square feet
  • Each unit has 3 bedrooms and 2 full baths
  • Fully leased property with individually parceled residential units

Property Analytics

Current Use

Apartment buildings

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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased residential income property with individually parceled homes and established rental occupancy.
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 totaling 29,222 square feet; Each unit has 3 bedrooms and 2 full baths; Fully leased property with individually parceled residential units
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message