101 Dresser LN Leland, NC 28451
29,222 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 29,222 sqft
Price per Sqft $179
Subdivision Woodburn Townhomes
MLS Listing ID 100562810
Year Built 2018
Lot Size 1.960 Acres
Acres 1.96
Lot Dimensions irregular
Property Sub-Type Multi Family
Source Hive MLS
Property Description
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.
Location
State NC
County Brunswick
Community Woodburn Townhomes
Zoning Le-T-4O
Direction From Wilmington, take Hwy 17 to US 76, exit right onto NC133 and stay in the right two lanes, continue onto Village Road, turn right onto Dresser Lane, take first left into parking lot.
Location Details Mainland
Interior
Heating Electric
Flooring LVT/LVP, Carpet
Exterior
Parking Features On Site
Building
Foundation Slab
New Construction No
Others
Tax ID 038af014
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Standard
Nearby Locations
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