4302 Reed, Wilmington, NC 28405

Building Details

Year Built

2000

Listing agent AJAY SINGH

Listing office COLDWELL BANKER SEA COAST ADVANTAGE-CB

Listing date Oct 14, 2025

Source Corcoran

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 COLDWELL BANKER SEA COAST ADVANTAGE-CB

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Overview

This offering is a 12-unit residential condo/townhome portfolio sale presented as turn-key and fully leased. The unit mix includes eleven 3-bedroom, 2-bath homes and one 2-bedroom, 2-bath home. Units are identified within the portfolio, including locations under Cape Cottages and Hunters Trail Crossing, along with other included addresses such as 4302 Reed Court and 5136 Lamppost Circle.

The portfolio is described as being in the heart of Wilmington with close proximity to UNCW. Included addresses span multiple individual buildings within the portfolio, reflecting a small, distributed setup rather than a single consolidated structure.

For buyers and brokers evaluating residential income options, the clear 3/2 and 2/2 layout mix provides straightforward tenant-level fit for common household needs. With the listing indicating the units are fully leased, the property is positioned for an investor seeking an income-oriented residential portfolio, with financial details available through the listing agent.

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Building Supply Auto Repair Shop Kitchen & Bath Showroom Daycare Center HVAC Service Grocery & Convenience Store Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Wilmington

County

New Hanover

State

North Carolina

Longitude

-77.8835843

Latitude

34.2667758

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FAQs

What type of property is this?

Apartment building - Twelve fully leased condo/townhome units with a mix of 3- and 2-bedroom layouts for residential income buyers.

Where is this apartment building located?

The property is located at 4302 Reed Wilmington, NC.

What is the asking price?

The asking price for this property is $2,765,000.

What are key features of this property?

This property features: 12‑unit residential condo/townhome portfolio built in 2000; Unit mix: 11 units are 3 bed/2 bath and 1 unit is 2 bed/2 bath; All listed units are fully leased