$5,100,000
( $174.53Per Sq Foot )
 $26,604 est/mo Sourced by Back At You

101 Dresser Lane,Leland, NC 28451

Leland, NC 28451

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Description

Rare opportunity to acquire a fully leased well-located 20-townhome complex investment property in the rapidly growing Leland submarket, just minutes from Wilmington. This asset offers stable in-place income with significant upside potential in one of the fastest-growing coastal regions in the Southeast. The property consists of twenty 3 bedroom, 2 full bath individually parceled residential units with strong occupancy history and consistent rental demand driven by population growth, employment expansion, and continued migration to the coastal Carolina region. Leland has experienced substantial residential and commercial growth in recent years due to its proximity to Wilmington, access to major transportation corridors including US-17 and I-140, and its appeal as a more affordable alternative to nearby coastal markets. Brunswick County continues to see above-average population growth, supporting strong fundamentals for multifamily housing. The offering presents an attractive opportunity for private investors, owner-operators, and 1031 exchange buyers. With replacement costs continuing to rise and limited new supply in the immediate submarket, existing multifamily assets such as this property remain highly desirable among investors seeking long-term holds in high-growth coastal markets.

Details

MLS #100562810
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year2018
Days On Site158
Listing Provided ByTown & Country Real Estate | Jenna Toomey

Features

SQ Feet29,222
Units20
ZoningLe-T-4O
Acreage1.96

Interior

Heating Yes / NoYes

Exterior

Foundation DetailsSlab
Construction MaterialsVinyl Siding

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesOn Site

Taxes

Tax Assessed Value3926930
Tax Book Numberunk
Tax Legal DescriptionMulti
Tax Year2025

Area Information

StateNC
CountyBrunswick
CityLeland
Zip Code28451
Community NameWoodburn Townhomes
Listing VS Median (in Woodburn Townhomes)
Price:
$5,100,000
low | high
Med:
$5,100,000
50% of Average
sqft:
29,222
low | high
Med:
29,222
50% of Average
$ / sqft:
$175
low | high
Med:
$175
50% of Average
On site:
158
low | high
Med:
158
100% of Average
Sourced by Back At You

Market Activity 28451

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Learn More About This Property

StateNC
CountyBrunswick
CityLeland
Zip Code28451
Community NameWoodburn Townhomes
Listing VS Median (in Woodburn Townhomes)
Price:
$5,100,000
low | high
Med:
$5,100,000
50% of Average
sqft:
29,222
low | high
Med:
29,222
50% of Average
$ / sqft:
$175
low | high
Med:
$175
50% of Average
On site:
158
low | high
Med:
158
100% of Average
Sourced by Back At You
Listing Updated: August 6, 2026 at 11:20:47 AM PDT