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Listed by Jenna Toomey, Town & Country Real Estate.

101 Dresser Lane, Leland, NC 28451

$4,995,000
Property Type: Comm Sale or Lease Square Footage: 29,222 Lot Size (sq. ft.): 85,378 Status: Active
Current Price: $4,995,000 List Date: 3/26/2026 Last Modified: 9/02/2026

Overview

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 oppo …

Listing Details MLS# 100562810

Contract Info

Available Date
2026-03-26
Delayed Marketing?
No
Marketing Start Date
2026-03-26
Sub-Type
Multi Family
Garage
N/A
Sale/Lease
Sale
Listing Price
4995000
List Price/SqFt
170.93
Stipulation of Sale
Standard

Location Information

Street #
101
Street Name
Dresser
Street Suffix
Lane
County
Brunswick
State/Province
NC
Zip Code
28451
City Limits
Yes
Marketing City
Leland
Subdivision
Woodburn Townhomes

Remarks and Showing

Directions to Property
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.
Sign on Property
No

Building Info

New Construction
No

BuildingExt Features

SqFt – Heated (Primary)
29222

Legal and Taxes

Tax Assessed Value
3926930
Deed Book
unk
Legal
Multi
Broker Owner
No
PID
multi
Tax Identifier
038af014
Plat Book
unk
Plat Page
unk
Total Real Estate Property Taxes
1319.41
Special Assessments
none
Tax Year
2025
Year Built
2018
Zoning
Le-T-4O
Cobra Zone
No
Deed Page
0

More Information

Financial Info

Financial Info
Yes
Gross Income
391140
Real Estate Taxes
28000
Insurance Expense
15400
Common Area Maint
14100

Building/Ext Features

# of Parking Spaces
45
# of Units
20
Fireplace Y/N
No
Lot Acres
1.96
Lot SqFt
85378
Lot Dimensions
irregular
Location Type
Mainland

Exterior Finish

Vinyl Siding
Yes

Terms

1031 Exchange
Yes
Cash
Yes
Conventional
Yes

Foundation

Slab
Yes

Flooring

Carpet
Yes
LVT/LVP
Yes

Parking Features

On Site
Yes

Sale/Lease Includes

Buildings
Yes
Land
Yes

Heating System Fuel Source

Electric
Yes

Property Features

Exterior Finish: Vinyl Siding Flooring: Carpet; LVT/LVP Foundation: Slab Parking Features: On Site Heating System Fuel Source: Electric Terms: 1031 Exchange; Cash; Conventional
IDX
Listing Office: Town & Country Real Estate
Last Updated: September – 02 – 2026
Copyright 2026 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
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