201 Coronado Dr | Denton, TX 76209
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- LoopNet Team
201 Coronado Dr
Denton, TX 76209
Aspire Apartments · Build-to-Rent Property For Sale
·
132 Units
INVESTMENT HIGHLIGHTS
- Three Owners over Four Decades: property combines stability, meticulous care, and easy management, making it a highly attractive investment.
- Virtually No Deferred Maintenance: Current ownership invested over $1.4M into improving exteriors, amenities, and on interiors
- Attractive Financing Available: Nonrecourse agency financing is available with flexible prepayment penalty structures.
- Proximate to Substantial Economic Drivers: property is centrally located within Denton, minutes away from top employers and attractions
- Proven Premium Level Upgrades and Immediate Revenue Generators available to implement
PROPERTY FACTS
| No. Units | 132 | Property Size | 86,128 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 88% |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Garden | Year Built | 1970 |
| Costar Property Class | C | Parking Allocation | 1.74/1,000 sq ft |
| Total Plot Size | 6.05 ac | ||
| Use Class | 16A | ||
| No. Units | 132 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Costar Property Class | C |
| Total Plot Size | 6.05 ac |
| Property Size | 86,128 sq ft |
| Average Occupancy | 88% |
| No. Floors | 2 |
| Year Built | 1970 |
| Parking Allocation | 1.74/1,000 sq ft |
| Use Class | 16A |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Storage Space
- Washer/Dryer Hookup
- Ceiling Fans
- High Speed Internet Access
- Walk-In Closets
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Picnic Area
- Grill
- Planned Social Activities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 104 | - | 495 - 686 |
| 2+2 | 28 | - | 960 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £7,789,470 | |
| Land Assessment | £1,182,315 | Total Assessment | £8,971,785 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£1,182,315
Improvements Assessment
£7,789,470
Total Assessment
£8,971,785
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