614 Londonderry Ln | Denton, TX 76205
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- LoopNet Team
614 Londonderry Ln
Denton, TX 76205
6 Twelve London Place Apartments · Multifamily Property For Sale
·
40 Units
INVESTMENT HIGHLIGHTS
- Historical EGI Growth
- Opportunity For Additional Rental Income Through Utility Reimbursement and Coin-Based Laundry Operations
- High Historical Occupancy and Market Resilience
- Strategic Location with Strong Demographics
PROPERTY FACTS
| No. Units | 40 | Building Size | 30,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1979/2020 |
| Building Class | C | Parking Ratio | 2.13/1,000 SF |
| Lot Size | 1.30 AC | ||
| Zoning | Multi-Family - Multi-Family | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.30 AC |
| Building Size | 30,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1979/2020 |
| Parking Ratio | 2.13/1,000 SF |
| Zoning | Multi-Family - Multi-Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Carpet
- Dining Room
- Double Pane Windows
- Smoke Free
- Window Coverings
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 20 | - | 550 |
| 2+1 | 20 | - | 750 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,750,154 | |
| Land Assessment | $357,846 | Total Assessment | $3,108,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$357,846
Improvements Assessment
$2,750,154
Total Assessment
$3,108,000
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