Property
Highlights

Located in Denton, Texas—one of the nation’s fastest-growing boomtowns, with population growth of 24.5% over the past six years—the property has historically maintained occupancy in the mid- to high-90% range while achieving approximately 2% rent growth on trailing 30-day leases.

The community offers an amenity-rich environment with a diverse mix of studio, one-, two-, and three-bedroom floor plans, complemented by a fitness center, swimming pool, clubhouse, and bark park.

This is a compelling value-add opportunity, as the property consists of 100% classic units, allowing new ownership to drive rent growth through interior renovations, bulk Wi-Fi with complimentary smart-home technology, and the addition of carports.

The asset benefits from an exceptional live-work-play location, supported by major universities and employers including the University of North Texas, Texas Woman’s University, Peterbilt Motors, Texas Health Presbyterian Hospital Denton, I-35 Denton, and Rayzor Ranch—Denton’s premier mixed-use destination for retail, dining, and entertainment.

The property also offers excellent regional connectivity, with convenient access to State Highway 380, Interstate 35, and AllianceTexas, one of North Texas’s most significant employment and logistics hubs, further supporting long-term renter demand.

As an out-of-state, owner-operated asset, the opportunity presents meaningful upside through more institutional property management and a hands-on asset management approach.

Offered Free and Clear