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Hampstead Apartments Near Surf City
For Sale
$4,500,000

15841 Us Highway 17, Hampstead, NC 28443

24-unit apartment complex in Hampstead, NC, near Wilmington beaches.

Property SizeContact for details
Days on Market465

Property Features for 15841 Us Highway 17

General Information

Standard status Active

Building Details

Year Built 2007
Listing Agency: CAPE FEAR COMMERCIAL, LLC
Listed By: VIN F WELLS
Source: Corcoran
Added: May 29, 2025 Changed: Mar 16 Last Checked: Jul 16 at 3:07PM

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 CAPE FEAR COMMERCIAL, LLC

Investment Insights

Based on property information with market context.

Ocean Highway Apartments is a stabilized, 24-unit complex located in Hampstead, North Carolina, just north of Wilmington and minutes from the beaches of Surf City. The property has undergone several capital improvement projects over the last several years, including renovating kitchens and replacing flooring in each unit, new HVAC and water heaters (as needed), new road signage (estimated installation in May 2025), and a new dog park. The Wilmington region is one of the fastest growing areas in the country, with the MSA's population expanding by 13.7% from April 2020 to July 2024.

Key Highlights

  • Stabilized, 24‑unit apartment complex.
  • Located in Hampstead, NC, near Wilmington and Surf City beaches.
  • Recent capital improvements including KITCHEN RENOVATIONS and FLOORING REPLACEMENT in all units.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Cafe & Coffee Shop Storage Facility Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

297
Businesses Nearby

Demographics for 28443, NC

25,074
Population
11,276
Households
2.2
Avg Household Size
42
Median Age
40%
College-Educated
94%
High-School Grad
145.8 sq mi
ZIP Area
172
Density / Sq Mi
$89,392
Median Household Income
$45,933
Median Earnings
$1,372
Median Rent
$356,500
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 - 24-unit apartment complex in Hampstead, NC, near Wilmington beaches.
Where is this apartment building located?
The property is located at 15841 Us Highway 17 Hampstead, NC.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Stabilized, 24‑unit apartment complex.; Located in Hampstead, NC, near Wilmington and Surf City beaches.; Recent capital improvements including KITCHEN RENOVATIONS and FLOORING REPLACEMENT in all units.
More about this property
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