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47-Unit Townhome-Style Apartment Property
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318 Richlands Ave, Jacksonville, NC 28540

Townhome-style residences offer two-bedroom layouts, eat-in kitchens, and washer/dryer connections in a multifamily setting.

Property SizeContact for details
Lot Size5.97 Acres
Days on Market143

Property Features for 318 Richlands Ave

General Information

Standard status Active
Lot size 5.97 Acres
Property subtype Multifamily

Units

Unit Mix 47 x 2BR/1BA, 1 x 2BR/1BA
Multifamily Units 48

Additional Details

Road Access Yes
Listing Agency: Marcus & Millichap - Raleigh
Listed By: John Daly · License #NC 242573
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:43PM

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 Marcus & Millichap - Raleigh

Investment Insights

Based on property information with market context.

Brookview Apartments comprises 47 townhome-style apartment units together with a separate single-family home. Each townhome measures approximately 825 square feet and includes two bedrooms, one bathroom, an eat-in kitchen, and washer/dryer connections. The house provides approximately 1,000 square feet with two bedrooms and one bathroom. The property spans four parcels totaling approximately 5.97 acres.

The community is situated at the northern end of Richlands Avenue in Jacksonville, North Carolina, within the Sherwood Forrest neighborhood. Its surroundings include the Mill Creek setting, while downtown Jacksonville, Coastal Carolina Community College, Camp Lejeune, and New River Air Station are all identified as nearby destinations. Jacksonville Mall is approximately 3.5 miles away, and Onslow Memorial Hospital is a 162-bed facility located in the surrounding market.

Key Highlights

  • 47 townhome‑style apartment units plus a single‑family home
  • Townhome units are approximately 825 square feet with two bedrooms and one bathroom
  • Single‑family home measures approximately 1,000 square feet and includes two bedrooms and one bathroom

Property Analytics

Current Use

Brookview Apartments Apartment Complex Caswell at Mill Creek Apartment Complex

Suggested Use

Top Pick Dental Office Pharmacy (Bike/Boat/Book/etc) Store Nail Salon Bakery HVAC Service

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

48
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

413
Businesses Nearby

Demographics for 28540, NC

49,739
Population
21,466
Households
2.3
Avg Household Size
32
Median Age
23%
College-Educated
92%
High-School Grad
110.3 sq mi
ZIP Area
451
Density / Sq Mi
$61,462
Median Household Income
$32,313
Median Earnings
$1,014
Median Rent
$201,700
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 - Townhome-style residences offer two-bedroom layouts, eat-in kitchens, and washer/dryer connections in a multifamily setting.
Where is this apartment building located?
The property is located at 318 Richlands Ave Jacksonville, NC.
What are key features of this property?
This property features: 47 townhome‑style apartment units plus a single‑family home; Townhome units are approximately 825 square feet with two bedrooms and one bathroom; Single‑family home measures approximately 1,000 square feet and includes two bedrooms and one bathroom
(919) 710-6400 Call to check price and availability
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