
Port City Preserve - 16 Unit Townhome Project
16 - Unit Townhome Project Pad Ready
Marketing description
Located at 3400 Masonboro Loop Rd in the heart of Wilmington's sought-after Masonboro area (New Hanover County, ZIP 28409), this construction-ready site offers an exceptional value-add opportunity for builders, developers, or investors. The property features significant progress on a planned multifamily community, with site work approximately 95% complete.
Key construction highlights include:
First building (4 units): Advanced to drywall stage.
Second building (2 units): Progressing through rough mechanicals.
Remaining 10 buildings: Underground plumbing installed and concrete slabs poured.
This shovel-ready (or near completion) project minimizes upfront development risks and timelines, allowing a new owner to quickly advance to framing, finishes, and occupancy.
Situated in a prime coastal location with easy access to Wrightsville Beach, Carolina Beach, historic downtown Wilmington, shopping (including nearby Courtyard at Masonboro), dining, and major roadways. Wilmington's growing population and strong real estate market make this an attractive prospect for continued residential development.
Don't miss this rare chance to acquire a substantially de-risked site with major infrastructure and building progress already in place. Contact for full details, plans, and financials.
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