This turn-key property delivers stable, in-place income with a true 5.9% cap rate and clear upside to 7.7%+ through scheduled rent adjustments beginning this winter. All units are fully renovated, all major systems are newer and in excellent condition, and long-term tenants are already in place making this a low-maintenance, high-efficiency asset ideal for investors seeking both cash flow and capital preservation With each unit positioned approximately $500/month below market, an investor can organically increase NOI by over $35,000 annually without any additional capital improvements. That’s rare in today’s market a stabilized property with built-in rent growth in a walkable university corridor that continues to outperform broader DFW rent trends. Denton’s university-driven demand, low vacancy rates, and population growth create a rental ecosystem that stays full even in softer economic cycles. Whether you’re a 1031 exchange buyer, a cash investor, or expanding your North Texas portfolio, this Denton multifamily checks every box location, condition, cash flow, and growth.