2266 W Oak St - Apartments FOR SALE


Denton, TX 76201- Rayzor Ranch
$1,799,000 USD
817-797-7123
2266 W Oak St, Denton, TX for Sale
$1,799,000 USD
Apartments - FOR SALE
1/2
null | 6.37% Cap Rate

2266 W Oak St
Denton, TX 76201
Rayzor Ranch


HIGHLIGHTS

  • Two-story multi-family property situated on nearly one acre in central Denton.
  • Minutes from University of North Texas and Texas Woman’s University, ensuring high rental demand.
  • Convenient access to Interstate 35E, U.S. Highway 380, and the Dallas-Fort Worth metroplex.
  • Located within a mature residential area near shopping, dining, and entertainment options.
  • Equipped with central heating and cooling systems and durable brick veneer exterior.

OVERVIEW

12 Unit Apartment Building in the heart of Denton, Texas, offering investors a stabilized asset near UNT, TWU, major employers, and the UNT bus line. The owner has spent a large sums of money to improve the property such as replaced some new AC system, appliances, water heaters, flooring, painting...Rent is still below the market, This property is a great potential for a new owner, to an investor to add it in the portfolios.

FOR SALE DETAILS

PRICE

$1,799,000 USD

PRICE/SF

$190 USD /SF

# OF UNITS

12

PRICE/UNIT

$149,917

CAP RATE

6.37%

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2266 W Oak St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,417 SF

ZONING

22G

APN/PARCEL ID

R35560

ASK ABOUT THIS PROPERTY

Dan PhanFirst Texas RealtyMore Info
817-797-7123

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Dan PhanFirst Texas RealtyMore Info
817-797-7123

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.