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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 | Low-Rise | Year Built/Renovated | 1979/2020 |
| Building Class | C | Parking Ratio | 2.13/1,000 SF |
| Lot Size | 1.09 AC | ||
| Zoning | Multi-Family - Multi-Family | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.09 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
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | - | 550 |
| 2+1 | 20 | - | 750 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,209,264 | |
| Land Assessment | $278,736 | Total Assessment | $2,488,000 |
Property Taxes
Parcel Numbers
Land Assessment
$278,736
Improvements Assessment
$2,209,264
Total Assessment
$2,488,000
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