Waterleaf at Leland

Waterleaf at Leland

Leland, NC
  • Property Type: Apartments
  • Year Built : 2021
  • Property Size: 238,200 SF / 248 Units


Capstone Apartment Partners is pleased to present Waterleaf at Leland: a 248-unit, new construction, Class A multi-family community located in rapidly growing Leland, NC. Delivered in April 2021, the property has already pre-leased approximately 92% of units in just 4 months through a remarkably fast lease-up process. Waterleaf at Leland features top-of-market finish quality and a fully stacked amenity set. Furthermore, residents enjoy prime location, as the property sits in the master-planned Westgate community, which provides immediate access to an abundance of retail, dining, and entertainment options. Leland is the fastest growing city in North Carolina and has become one of the strongest submarkets of Wilmington. Strong demand drivers and ideal demographics will allow new ownership to continue to grow alongside the market and increase revenue through organic rent increases. 

Investment Highlights

Incredible Performance & Velocity Through Early Stages of Lease-Up

New Construction, Class-A Product with Premium Finishes

Located in the Fastest Growing City in North Carolina

Contact Information

Caleb Troop Director P: 314.607.3481
O: 800.746.3175 ext. 725
Austin Green Director P: 704.962.7454
O: 800.746.3175 ext. 701
Alex McDermott Partner P: 704.533.4865
O: 800.746.3175 ext. 700
Rhodes Marley Investment Sales Advisor P: 704.840.5927
O: 800.746.3175 ext. 736