2404 Louise St Unit 2404 & 2420, Denton, TX 76201

$4,300,000
47
BD
24
BA
9,720
SqFt

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List Price
$4,300,000
Status
ACTIVE
MLS#
21194900
Bedrooms
47
Bathrooms
24
Living Area
9,720
Lot Size
31,363
Building Name
N/A
Unit
2404 & 2420

Property Description

24 Unit Apartment Buildings (12 & 12) 1 Block from UNIVERSITY OF NORTH TEXAS CAMPUS! Over the last few years, owner has spent large sums of money to not only Remodel Units but to significantly improve the infrastructure. All old HVAC systems replaced, Many of the Gas Water Heaters replaced, Most flooring and Paint in the last 2 years. Some units have undergone further remodeling with new kitchens with more cabinet space. All but 1 unit are 2 bedroom 1 bath. Most come with all stainless appliances including dishwashers. The ones with new kitchens excluded dishwashers as requested by many tenants who prefer cabinet space. Market rents have been low to accommodate construction both on the street and in the building. Now is your opportunity to put your finishing touches to make it shine and raise rents back up to $1400 or $1500 per unit as we did prior to last year's construction. Take advantage of the potential upswing. Great for your first apartment complex or experts increasing their portfolio.

Additional Information

Taxes
$22,154
Year Built
1967
Parking Spaces
34
Exterior Features
Covered Courtyard, Lighting
Interior Features
Granite Counters, High Speed Internet, Multiple Staircases, Cable TV
Roof
Composition, Flat
Appliances
Some Gas Appliances, Dishwasher, Disposal, Gas Range, LP Gas Water Heater, Microwave, Plumbed for Gas, Refrigerator
School District
Denton Isd
Elementary School
Newton Rayzor
High School
Denton
Middle School
Calhoun
Sewer
Public Sewer
Stories
2
Street Name
Louise St
Street Number
2404
Unit
2404 & 2420
Water
Public
Acres
0.72
County
Denton
Foundation
Slab
Heating
Central, Natural Gas
Lot Description
Corner Lot, Level

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Calculator source: Real Geeks

Listing courtesy of Ara Minassian from Star Realty. Contact: 214-727-0686

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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