4311 Maple Ave - Apartments FOR SALE


Wilmington, NC 28403
$2,250,000 USD
919-827-6560
4311 Maple Ave, Wilmington, NC for Sale
$2,250,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

4311 Maple Ave
Wilmington, NC 28403


HIGHLIGHTS

  • Renovated 12-unit multifamily complex with three buildings totaling ±11,520 SF
  • All 2BR / 2BA units averaging ±975 SF, featuring modern finishes and in-unit washers/dryers
  • Diversified rental income with a mix of long-term leases and furnished mid-term rentals
  • Attractive tenant amenities including gazebo with firepit, outdoor patio/grill and fenced dog park
  • Strong Wilmington location near UNC Wilmington and Novant Health Hospital

OVERVIEW

Eagle’s Drift is a renovated 12-unit apartment complex located in Wilmington, NC, just minutes from UNC Wilmington, Novant Health Hospital and nearby retail and dining. The property consists of three buildings totaling approximately 11,520 SF on ±1.10 acres and features a 2 bedroom / 2 bath unit mix averaging ±975 SF per unit. All units have been upgraded with LVP flooring, stainless steel appliances, updated cabinetry, modern bath finishes and in-unit washers and dryers. The asset benefits from a diversified income stream, combining long-term leases with furnished mid-term rentals serving traveling medical professionals, and includes on-site amenities such as a gazebo with a firepit and a fenced dog park. Zoned MF-M, Eagle’s Drift offers a turnkey multifamily opportunity in a high-demand Wilmington submarket.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$586 USD /SF

# OF UNITS

12

PRICE/UNIT

$187,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eagle's Drift

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1996

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

MF-M

APN/PARCEL ID

R05519-009-003-000

ASK ABOUT THIS PROPERTY

Daniel WalserAPG AdvisorsMore Info
919-827-6560

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Daniel WalserAPG AdvisorsMore Info
919-827-6560

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.