Property
Beds
22
Full Baths
14
1/2 Baths
None
Year Built
1965
Sq.Footage
N/A
Rare opportunity to invest in a multi-family property within walking distance of Texas Women's University, less than one-half mile walk and a 2 minute drive. It's also less than 5 minutes to the historic popular downtown Denton square with its many restaurants, shopping and entertainment choices. That makes this a highly desirable location and these don't come on the market very often. There are 14 units; 8 2-bedroom units and 6 1-bedroom units. There are 25 parking spaces, including 6 covered spaces, which actually exceeds the city's requirements. The roof is new this year, custom designed.. Ask us about the special construction and installation. The water heaters are new in 2025; AC system 2019; boiler in 2019 also. Eleven of the apartments have been remodeled and we have a list of other upgrades available. There is a laundry room onsite with multiple washers and dryers, new in 2024. This property is extremely well maintained and of course you won't find a better location. Give me a call and we can schedule your appointment.. The listing agent has financial and tenant information including pro forma rent numbers. This property will be part of a 1031 Exchange.
Features & Amenities
Interior
-
Other Interior Features
Granite Counters, Walk-In Closet(s), High Speed Internet
-
Total Bedrooms
22
-
Bathrooms
14
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Other
-
Heating YN
YES
-
Heating
Central, Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Wood Siding, Brick
-
Other Exterior Features
Covered Courtyard
-
Parking
Asphalt, Common, Covered, Driveway, Guest, Off Street, On Site, Open, Parking Lot, Unassigned
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Interior Lot
-
Lot Size(acres)
0.363
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$2,000,000
-
Tax Amount
$15,906
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Nette Shultz
-
Middle School
Calhoun
-
High School
Denton
Property Features
-
Foundation Details
Slab
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
3
-
Water Source
Public
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Location
County
Denton
Elementary School
Nette Shultz
Middle School
Calhoun
High School
Denton
Listing Courtesy of MARILYN NEWLAND , Keller Williams Realty
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AGENT
Joe Boston
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