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Eagle's Drift 4311 Maple Ave 12 Unit Apartment Building $2,250,000 ($187,500/Unit) Wilmington, NC 28403
Investment Highlights
- Renovated 12-unit multifamily complex with three buildings totaling ±11,520 SF
- Diversified rental income with a mix of long-term leases and furnished mid-term rentals
- Strong Wilmington location near UNC Wilmington and Novant Health Hospital
- All 2BR / 2BA units averaging ±975 SF, featuring modern finishes and in-unit washers/dryers
- Attractive tenant amenities including gazebo with firepit, outdoor patio/grill and fenced dog park
Executive Summary
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.
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.
Property Facts
| Price | $2,250,000 | Apartment Style | Low-Rise |
| Price Per Unit | $187,500 | Building Class | B |
| Sale Type | Investment | Lot Size | 1.10 AC |
| No. Units | 12 | Building Size | 3,840 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1996 |
| Zoning | MF-M - Multiple-Family Residential District | ||
| Price | $2,250,000 |
| Price Per Unit | $187,500 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.10 AC |
| Building Size | 3,840 SF |
| No. Stories | 2 |
| Year Built | 1996 |
| Zoning | MF-M - Multiple-Family Residential District |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Washer/Dryer
- Kitchen
- Refrigerator
- Stainless Steel Appliances
- Range
- Deck
- Wheelchair Accessible (Rooms)
Site Amenities
- Picnic Area
- Grill
- Pet Play Area
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 12 | - | 975 |
1 1
Walk Score®
Very Walkable (76)
Property Taxes
| Parcel Number | R05519-009-003-000 | Improvements Assessment | $1,825,800 |
| Land Assessment | $229,200 | Total Assessment | $2,055,000 |
Property Taxes
Parcel Number
R05519-009-003-000
Land Assessment
$229,200
Improvements Assessment
$1,825,800
Total Assessment
$2,055,000
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Eagle's Drift | 4311 Maple Ave
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