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Pending

480 Village Rd, Leland, NC 28451

Newer townhome development with 20 units across three buildings, completed in Spring 2019.

Property SizeContact for details
Days on Market143

Property Features for 480 Village Rd

General Information

Standard status Pending
Property subtype Special Purpose

Additional Details

Opportunity Zone Yes
Multifamily Units 20

Building Details

Year Built 2019
Listing Agency: Century 21 Sweyer & Associates
Listed By: Lynn Harris · License #64689
Source: Crexi
Added: Apr 11 Changed: Aug 28 Last Checked: Aug 29 at 4:10AM

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 Century 21 Sweyer & Associates

Investment Insights

Based on property information with market context.

Completed in Spring 2019, this new multi-family townhome development consists of 3 buildings totaling 20 townhomes. Each unit is 1,442 square feet and features stainless steel appliances, granite kitchen counters, a pantry, and an in-unit washer/dryer. Interior finishes include smooth ceilings, and each home offers a patio with a privacy fence plus an outside storage area.

The property is located in an Opportunity Zone and sits directly across from Leland Municipal Park, which includes 8 acres of open green space, a gazebo, picnic tables, a playground, and a paved multi-use path. Restaurants and shopping are described as within walking distance.

This is a turnkey-style residential income property configuration of multiple buildings and townhome units, designed for straightforward occupancy based on the included in-unit and outdoor features.

Key Highlights

  • New multi‑family townhome development completed in Spring 2019
  • 3 buildings with 20 townhomes total
  • Each unit offers 1,442 SF with stainless steel appliances, granite kitchen counters, and a pantry

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

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
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Frequently Asked Questions

What type of property is this?
Apartment building - Newer townhome development with 20 units across three buildings, completed in Spring 2019.
Where is this apartment building located?
The property is located at 480 Village Rd Leland, NC.
What are key features of this property?
This property features: New multi‑family townhome development completed in Spring 2019; 3 buildings with 20 townhomes total; Each unit offers 1,442 SF with stainless steel appliances, granite kitchen counters, and a pantry
More about this property
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