Apartment Buildings /TX /Denton County /Denton /1900 Westminster St
Apartment Buildings /TX /Denton County /Denton /1900 Westminster St

1900 Westminster St - Multi-Family FOR SALE


Denton, TX 76205 | 
$1,125,000 USD
214-402-2007

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$1,125,000 USD
Multi-Family - FOR SALE
null | 7.5% Cap Rate
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1900 Westminster St
Denton, TX 76205

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HIGHLIGHTS

  • Great location for student housing
  • Less than 2.5 miles from UNT Campus
  • 92% occupancy - one unit currently available for lease
  • Tenant mix includes new and long-term renters of 5-14 years onsite
  • Potential to increase rent levels to market rate on some month-to-month leases

OVERVIEW

Prime investment opportunity with potential to bring some leases up to market rate. Three buildings with four townhomes each.

FOR SALE DETAILS

PRICE

$1,125,000 USD

PRICE/SF

$102 USD /SF

# OF UNITS

12

PRICE/UNIT

$93,750

CAP RATE

7.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westminster Multi-Family Townhouses

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Mlt Fam Dwlg

APN/PARCEL ID

R27158

ASK ABOUT THIS PROPERTY

Ellen HaynesBriggs Freeman Sotheby's International RealtyMore Info
214-402-2007

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Ellen HaynesBriggs Freeman Sotheby's International RealtyMore Info
214-402-2007

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