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201 Coronado Dr
Denton, TX 76209

Aspire Apartments · Multifamily 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 Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 6.05 AC
Building Size 86,128 SF
Average Occupancy 92%
No. Stories 2
Year Built 1970
Parking Ratio 1.74/1,000 SF

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/Mo SF
1+1 104 - 495 - 686
2+2 28 - 960

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R34212
  • R38397
Land Assessment
$1,582,116
Improvements Assessment
$8,681,440
Total Assessment
$10,263,556

zoning

Zoning Code 16A
16A
  • Listing ID: 31292854

  • Date on Market: 3/21/2024

  • Last Updated:

  • Address: 201 Coronado Dr, Denton, TX 76209

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