Denton, TX 76201 2404 Louise Street # 2404 & 2420
$4,300,000



32 more
































Presented By: Star Realty
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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.
Presented By: Star Realty
Interior Features for 2404 Louise Street # 2404 & 2420
Bedrooms
Total Bedrooms47
Bathrooms
Half Baths0
Total Baths24
Other Interior Features
Basement Y/NNo
Fireplaces Total0
FlooringCarpet, Luxury Vinyl Plank
Interior FeaturesCable TV Available, Granite Counters, High Speed Internet Available, Multiple Staircases
Lock Box TypeCombo
Occupancy Rate92
Total Units24
Unit Count2
General for 2404 Louise Street # 2404 & 2420
# of Buildings2
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Plumbed For Gas in Kitchen, Refrigerator
Capitalization Rate5.37
Carport Spaces
CityDenton
Community FeaturesCurbs, Sidewalks
Complex Namen/a
Construction MaterialsBrick
CoolingCeiling Fan(s), Central Air
CountyDenton
DirectionsFrom I35E, Exit North Texas Blvd and head north into UNT campus. Be careful, speed limit is 20mph. Turn left onto W Prairie St, then the second right onto Avenue G. The apartments are on the NW corner o
Elementary SchoolNewton Rayzor
Elementary School NameNewton Rayzor
Full Baths24
Gross Annual Expenses82054.00
HOA TypeNone
HeatingCentral, Natural Gas
High SchoolDenton
Insurance Expense4000
LevelsTwo
Listing TermsCash, Conventional, Fixed
Number of Garage Spaces0
Occupant TypeVacant
Operating Expense IncludesMaintenance, Maintenance Grounds, Maintenance Structure, Pest Control, Supplies, Trash, Utilities, Water/Sewer
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeApartment
Property TypeResidential Income
RoofComposition, Flat
School DistrictDenton ISD
Special NotesDeed Restrictions, Survey Available
Standard StatusActive
StatusActive
Subdivision NameOwsley Park
TenancyNo Smoking, No Sublease, No Waterbeds, Over 9 Months
Unexempt Taxes22154
Unit Number2404 & 2420
UtilitiesCable Available, City Sewer, City Water, Concrete, Curbs, Electricity Connected, Master Gas Meter, Master Water Meter, Sidewalk
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1967
Year Built DetailsPreowned
Exterior for 2404 Louise Street # 2404 & 2420
Building Area Total9720.00
Covered Spaces
Exterior FeaturesCovered Courtyard, Lighting
FencingChain Link, Wood
Foundation Slab
Lot FeaturesCorner Lot, Level
Lot Size.5 to < 1 Acre
Lot Size Acres0.7200
Lot Size Area0.7200
Lot Size Square Feet31363.2000
Lot Size UnitsAcres
Number Of Parking Spaces34
Parking FeaturesCommon, Concrete, Parking Lot
WaterfrontNo
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
Newton Rayzor Elementary School
High School
N/A
Suzanne Smith
Broker/Owner

SQFT • 9,720