24-Unit Apartment
For Sale
$3,550,000
145 Lullwater #1-24, Wilmington, NC 28403
Condominium structure and separately metered utilities support flexible property management.
Property SizeContact for details
Days on Market129
Property Features for 145 Lullwater #1-24
General Information
Standard status
Active
Property subtype
Commercial
Units
Unit Mix
16 x 1BR/1.5BA, 8 x 2BR/2BA
Multifamily Units
24
Additional Details
Gross Income
$309,000
Utilities to Site
Yes
Amenities
Central air
Carpet Flooring
Electric Heating
Heating Heating
Off Street
Parking Lot
Paved
Shingle Roof
Vinyl Flooring
Wall/Window Unit(s) Cooling
Building Details
Year Built
1997
Listing Agency:
INTRACOASTAL REALTY CORP
(910) 512-2205
Listed By:
JEFFREY G HOVIS · License #234605
Source:
Corcoran
Added: Apr 26
Changed: Aug 31
Last Checked: Aug 31 at 7:37PM
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 INTRACOASTAL REALTY CORP
Investment Insights
Based on property information with market context.
This 24-unit apartment property, built in 1997, offers a defined mix of sixteen one-bedroom units with 1.5 baths and eight two-bedroom units with two baths. Each residence has individual utility metering, while the condominium structure provides a distinct ownership and management format.
The property is positioned near UNCW, shopping, local businesses, downtown Wilmington, and area beaches. The offering also includes an existing assumable Freddie Mac loan, subject to buyer approval. The Wilmington address is 145 Lullwater #1-24, Wilmington, NC 28403.
The property is positioned near UNCW, shopping, local businesses, downtown Wilmington, and area beaches. The offering also includes an existing assumable Freddie Mac loan, subject to buyer approval. The Wilmington address is 145 Lullwater #1-24, Wilmington, NC 28403.
Key Highlights
- 24‑unit apartment property built in 1997
- Unit mix includes sixteen one‑bedroom/1.5‑bath units and eight two‑bedroom/2‑bath units
- Individually metered units with separate utilities
Property Analytics
Current Use
Lease Details
24
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,157
Businesses Nearby
Explore this area
Business Placement
Demographics for 28403, NC
38,134
Population
20,424
Households
1.9
Avg Household Size
30
Median Age
48%
College-Educated
94%
High-School Grad
14.0 sq mi
ZIP Area
2,724
Density / Sq Mi
$50,988
Median Household Income
$30,991
Median Earnings
$1,293
Median Rent
$337,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Condominium structure and separately metered utilities support flexible property management.
Where is this apartment building located?
The property is located at 145 Lullwater #1-24 Wilmington, NC.
What is the asking price?
The asking price for this property is $3,550,000.
What are key features of this property?
This property features: 24‑unit apartment property built in 1997; Unit mix includes sixteen one‑bedroom/1.5‑bath units and eight two‑bedroom/2‑bath units; Individually metered units with separate utilities
