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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.

100562810 MLS

101 Dresser Ln, Leland

Listing courtesy of Listing Agent: Jenna Toomey () from Listing Office: Town & Country Real Estate.

$1,500,000

Discover this rare, seller financing, investment opportunity just 8 minutes from the Leland Walmart and U.S. Highway 17 — ideally located in one of the fastest-growing corridors in coastal North Carolina. Situated on 5.93 acres, this property currently includes 7 park-owned mobile homes, all tenant-occupied with long-term residents. Each home is separately metered for public utilities, providing steady cash flow and minimal management headaches. The park generates roughly $6,000/month in rent, with room for upside as current rents are below market — similar 2-bedroom units in the area rent for $1,000-$1,250/month. With titles in hand and most units from the 1990s, this is a well-positioned, income-producing asset that also offers expansion potential. The land was once a 15-lot mobile home park, and with 5.93 acres of usable space, an investor could add additional homes and restore the park to its full capacity. The owner currently carries general liability insurance and is responsible for yard maintenance, making this a smooth handoff for new ownership.

100536239 MLS

1150 Garretts Way Ne, Leland

Listing courtesy of Listing Agent: Adam Hashem () from Listing Office: East Atlantic Realty LLC.

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