for sale - loopnet€¦ · austin shirley greg johnson 940.381.2220 940.381.2220 [email protected]...
TRANSCRIPT
V E R U S C O M M E R C I A L | D E N T O N , T X 7 6 2 0 1 | 9 4 0 . 3 8 1 . 2 2 2 0 | W W W .V - R E . C O M
INFORMATION ABOUT BROKERAGE SERVICES LINKhttps://www.trec.texas.gov/forms/information-about-brokerage-services
A U S T I N S H I R L E Y G R E G J O H N S O N940.381.2220 [email protected] [email protected]
PROPERTY OVERVIEWSeller is offering a 1-3 family rental portfolio comprised of 56 leased units across 42properties.
Contact agent for financial information, property list, and offer requirements.
Accepting Offers through November 1, 2019.
Seller Financing is available.
PROPERTY HIGHLIGHTS• All units have full occupancy, with several units currently leased below market value.
• 40 of 42 units are in central Denton between UNT and TWU.
• Investment in capital improvement has significantly decreased maintenance expense.
• Several units are on long term leases below market value; a 10-15% increase in rentsexpected.
OFFERING SUMMARY
Sale Price: $10,400,000
Cap Rate: 5.75%
NOI: $598,113
Zoning: Residential
Market: Dallas-Fort Worth
Submarket: Denton
F O R S A L E
VARIOUS LOCATIONS PRIMARILY IN 76201 ZIPCODE, DENTON, TX
4 2 U N I T R E N T A L P O R T F O L I O
V E R U S C O M M E R C I A L | D E N T O N , T X 7 6 2 0 1 | 9 4 0 . 3 8 1 . 2 2 2 0 | W W W .V - R E . C O M
INFORMATION ABOUT BROKERAGE SERVICES LINKhttps://www.trec.texas.gov/forms/information-about-brokerage-services
A U S T I N S H I R L E Y G R E G J O H N S O N940.381.2220 [email protected] [email protected]
PROPERTY DESCRIPTIONSeller is offering a 1-3 family rental portfolio comprised of 56 leased units across 42 properties.
Contact agent for financial information, property list, and offer requirements.
Accepting Offers through November 1, 2019.
Seller Financing is available.
LOCATION DESCRIPTION40 single to three family rental properties primarily in Denton with 2 additional properties in Aubrey and Carroltton.
Property Location Map: https://goo.gl/maps/ZcL5UDWnQUGyyRtp6
F O R S A L E
VARIOUS LOCATIONS PRIMARILY IN 76201 ZIPCODE, DENTON, TX
4 2 U N I T R E N T A L P O R T F O L I O
V E R U S C O M M E R C I A L | D E N T O N , T X 7 6 2 0 1 | 9 4 0 . 3 8 1 . 2 2 2 0 | W W W .V - R E . C O M
INFORMATION ABOUT BROKERAGE SERVICES LINKhttps://www.trec.texas.gov/forms/information-about-brokerage-services
A U S T I N S H I R L E Y G R E G J O H N S O N940.381.2220 [email protected] [email protected]
F O R S A L E
VARIOUS LOCATIONS PRIMARILY IN 76201 ZIPCODE, DENTON, TX
4 2 U N I T R E N T A L P O R T F O L I O
V E R U S C O M M E R C I A L | D E N T O N , T X 7 6 2 0 1 | 9 4 0 . 3 8 1 . 2 2 2 0 | W W W .V - R E . C O M
INFORMATION ABOUT BROKERAGE SERVICES LINKhttps://www.trec.texas.gov/forms/information-about-brokerage-services
A U S T I N S H I R L E Y G R E G J O H N S O N940.381.2220 [email protected] [email protected]
F O R S A L E
VARIOUS LOCATIONS PRIMARILY IN 76201 ZIPCODE, DENTON, TX
4 2 U N I T R E N T A L P O R T F O L I O
V E R U S C O M M E R C I A L | D E N T O N , T X 7 6 2 0 1 | 9 4 0 . 3 8 1 . 2 2 2 0 | W W W .V - R E . C O M
INFORMATION ABOUT BROKERAGE SERVICES LINKhttps://www.trec.texas.gov/forms/information-about-brokerage-services
A U S T I N S H I R L E Y G R E G J O H N S O N940.381.2220 [email protected] [email protected]
F O R S A L E
VARIOUS LOCATIONS PRIMARILY IN 76201 ZIPCODE, DENTON, TX
4 2 U N I T R E N T A L P O R T F O L I O
V E R U S C O M M E R C I A L | D E N T O N , T X 7 6 2 0 1 | 9 4 0 . 3 8 1 . 2 2 2 0 | W W W .V - R E . C O M
INFORMATION ABOUT BROKERAGE SERVICES LINKhttps://www.trec.texas.gov/forms/information-about-brokerage-services
A U S T I N S H I R L E Y G R E G J O H N S O N940.381.2220 [email protected] [email protected]
F O R S A L E
VARIOUS LOCATIONS PRIMARILY IN 76201 ZIPCODE, DENTON, TX
4 2 U N I T R E N T A L P O R T F O L I O
LOCATION INFORMATION
Building Name 42 Unit Rental Portfolio
Street Address Various Locations Primarily in 76201 Zipcode
City, State, Zip Denton, TX
County/Township Denton
Market Dallas-Fort Worth
Submarket Denton
BUILDING INFORMATION
NOI $598,113
Cap Rate 5.75%
Occupancy % 100%
Tenancy Multiple
Number Of Buildings 42
PROPERTY DETAILS
Property Type 1-3 Family Rental Portfolio
Property Subtype Other
Zoning Residential
Submarket Denton