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About This Home
This 47-bedroom, 24-bathroom multi-family at 2404 Louise Street in Denton, TX is listed for $4,300,000 ($442 per sqft). Built in 1967, the home offers 9,720 sqft of living space on a 0.72 acres lot.
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.
Key Features
- Built in 1967
- 0.72 acre lot
- 2 stories
- 34 parking spaces
Property Details
Monthly Cost Estimate
$22,997/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2404 Louise Street
Denton, TX 76201
Owsley Park
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 47-bedroom, 24-bathroom multi-family at 2404 Louise Street is listed at $4,300,000 ($442/sqft). The estimated monthly payment is $18,633 based on 20% down at 6.5% interest.
Key features include: Built in 1967, 0.72 acre lot, 2 stories, 34 parking spaces. Interior Features: Cable Tv Available, Granite Counters, High Speed Internet Available. Exterior Features: Covered Courtyard, Lighting, Fence.
This property is listed by Ara Minassian and can be reached at 2147270686 or ara@starrealty.us.



































