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822 W Texas St
Denison, TX 75020
Denison Duplexes · Multifamily Property For Sale
·
16 Units
PROPERTY FACTS
| No. Units | 16 | Lot Size | 1.58 AC |
| Property Type | Multifamily | Building Size | 11,200 SF |
| Property Subtype | Apartment | Average Occupancy | 94% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built | 1965 |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.58 AC |
| Building Size | 11,200 SF |
| Average Occupancy | 94% |
| No. Stories | 1 |
| Year Built | 1965 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Ceiling Fans
- Tile Floors
- Yard
ABOUT 822 W TEXAS ST , DENISON, TX 75020
The Multifamily Group is excited to present the Denison Duplex Portfolio – a value-add opportunity in Denison, Texas. Constructed in 1965, the portfolio consists of 16 units on 1.58 acres of land. Over the last two years, ownership has spent approximately $3,000/unit on interior renovations including tile floors, upgraded countertops, new cabinetry and ceiling fans in ten of the sixteen units. Five of the buildings received new roofing 3 years ago and the remaining buildings received new roofing last year. Opportunities exist for new owners to increase rents with completion of interior renovations on the remaining 6 units and increase revenue through covered parking.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 13 | $725.00 | 700 |
| 3+1 | 3 | $725.00 | 700 |
PROPERTY TAXES
| Parcel Number | 147686 | Improvements Assessment | $128,432 |
| Land Assessment | $23,513 | Total Assessment | $151,945 |
PROPERTY TAXES
