113 Oakland AveLeland, NC 28451

Property Details for 113 Oakland Ave

Property type

Residential income homes

Description

This exceptional multifamily investment opportunity in Leland, North Carolina, presents a portfolio of six rental units boasting a strong 7% capitalization rate. Currently operating at 100% occupancy with long-term tenants, this property offers immediate cash flow and significant upside potential. The portfolio comprises four buildings situated on two parcels of land, strategically located for convenient access to Leland's amenities and businesses. The property includes two single-family homes—one manufactured and one traditionally constructed—each featuring two bedrooms and one bathroom. Additionally, there are two duplexes, each containing two two-bedroom, two-bathroom units. This diverse mix of unit types provides flexibility and caters to a broad range of renters. The asking price is $1,100,000. The address is 113 Oakland Ave, Leland, NC 28451, in Brunswick County. This turnkey investment is ideal for those seeking a stable, high-yielding addition to their real estate portfolio. The current rents provide a solid foundation, with opportunities to increase profitability through future rent adjustments. This is a rare chance to acquire a well-maintained, fully occupied multifamily property in a desirable location.

Location Insight

City

Leland

County

Brunswick

State

North Carolina

Latitude

34.2391

Longitude

-78.0052

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