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2425 Old North Rd
Denton, TX 76209
The Pearl On University · Multifamily Property For Sale
·
35 Units
PROPERTY FACTS
| No. Units | 35 | Building Size | 30,272 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1985/2015 |
| Building Class | C | Parking Ratio | 2.64/1,000 SF |
| Lot Size | 1.80 AC | ||
| Zoning | 15F | ||
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.80 AC |
| Building Size | 30,272 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built/Renovated | 1985/2015 |
| Parking Ratio | 2.64/1,000 SF |
| Zoning | 15F |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Sprinkler System
- Range
- Tub/Shower
- Carpet
- Breakfast Nook
- Pantry
- Smoke Free
- Vinyl Flooring
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Picnic Area
- Grill
- Pet Play Area
- Smoke Free
ABOUT 2425 OLD NORTH RD , DENTON, TX 76209
Great Investment in a great and growing location! Located less than 2 miles from Texas Women’s University and a 9-minute drive from the University of North Texas, the 4th largest University in the State, University of North Texas, this is a property that is in great demand. Strong occupancy history and turnkey management in place. All units in excellent condition with a multitude of renovations – all units well maintained and separately metered for electric. Tons of potential and upside to this great investment opportunity with development of surrounding areas, housing demand in the Denton area and growth of the two universities.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 9 | $565.00 | 550 |
| 1+1 | 3 | $695.00 | 825 |
| 2+1 | 22 | $815.00 | 1,000 |
PROPERTY TAXES
| Parcel Number | R117144 | Improvements Assessment | $2,560,676 |
| Land Assessment | $939,324 | Total Assessment | $3,500,000 |
PROPERTY TAXES
