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11-Home Portfolio | $270K+ Annual Income 11 Properties Offered at £2,068,291 in Wilmington, NC

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INVESTMENT HIGHLIGHTS

  • FULLY OCCUPIED SECTION 8 RENTALS
  • $200K IN CAPITAL IMPROVEMENTS
  • LOW MAINTENANCE

EXECUTIVE SUMMARY

11-Home Portfolio | $270K+ Annual Income | Fully Occupied | Wilmington, NC. Turnkey investment opportunity with 11 fully occupied, low-maintenance single-family homes—all within 1 mile of each other. Tenants pay all utilities, and recent upgrades totaling over $200K (roofs, HVACs, windows, flooring, paint) mean minimal maintenance is needed moving forward. This portfolio brings in over $270,000/year in government-backed rent, with rent increases already set for October and pro forma income projected near $300K by 2026. Ideally located near the iconic Indochine restaurant, UNCW, and major job centers. Surrounded by new development and positioned near the planned Independence Blvd extension, this area is poised for continued growth—making this a strategic, cash-flowing opportunity in one of Wilmington's fastest-growing pockets. Rent roll and Section 8 docs available upon request.

PROPERTY FACTS

Price £2,068,291
Price psf £178.98 / sq ft
Sale Conditions
1031 Exchange
  • Portfolio Sale
  • REO Sale
Yield 9.82%
Sale Type Investment
Status Active
Number of Properties 11
Individually For Sale 0
Total Property Size 11,556 sq ft
Total Land Area 1.83 ac

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
1101 Emory St, Wilmington, NC 28405 Build-to-Rent 1,345 sq ft 1971 -
221 N 31st St, Wilmington, NC 28405 Build-to-Rent 1,160 sq ft 1971 -
419 Clay St, Wilmington, NC 28405 Build-to-Rent 1,000 sq ft 1999 -
416 Evans St, Wilmington, NC 28405 Build-to-Rent 960 sq ft 1998 -
1102 Emory St, Wilmington, NC 28405 Specialist 1,400 sq ft 1971 -
545 Manly Ave, Wilmington, NC 28405 Specialist 1,194 sq ft 1930 -
1103 Emory St, Wilmington, NC 28405 Specialist 1,053 sq ft 1971 -
2803 Spaulding Dr, Wilmington, NC 28405 Specialist 990 sq ft 1971 -
533 Manly Ave, Wilmington, NC 28405 Specialist 974 sq ft 1997 -
514 Maides Ave, Wilmington, NC 28405 Specialist 758 sq ft 1962 -
526 Manly Ave, Wilmington, NC 28405 Specialist 722 sq ft 1992 -
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  • Listing ID: 36663532

  • Date on Market: 09/07/2025

  • Last Updated:

  • Address: 11-Home Portfolio | $270K+ Annual Income, Wilmington, NC

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