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22662432
22662440

404 Industrial St, Denton, TX 76201 For Sale

JA
TX 0470676
Ahmeti Realty Group, LLC
Listed by Ahmeti Realty Group, LLC
$7,000,000
477 days on market
Updated 3 days ago

404 Industrial Park

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 32,240
Net Rentable (SqFt) 32,240
Units 36
Cap Rate 5.70%
Occupancy 94%
Price per SqFt $217
Class A
Year Built 2017
Buildings 1
Stories 4
Acreage 0.913
Investment Type Stabilized
Occupancy Date 03/12/2025
Ownership Fee Simple

404 Industrial Park sits in a prime location in the high-growth market of Denton.

Marketing description

404 Industrial Park is a prime multifamily investment opportunity located in Denton, TX, a rapidly growing city with strong rental demand driven by its expanding population and economic growth. 404 Industrial Park is located less than a mile from Denton's bustling downtown square. The historic downtown square is renowned for its diverse retail shops, restaurants and lively entertainment venues. Denton is home to major employers like Peterbilt Motors, Texas Health Presbyterian Hospital and Sally Beauty Holdings. Denton is also home to 2 universities, the University of North Texas and Texas Women's University with a combined student body of over 61,000. Denton’s proximity to Dallas-Fort Worth, now the 4th-largest metro in America, combined with its business-friendly environment, makes it a hotspot for continued growth. 404 Industrial Park's modern units and well-maintained amenities appeal to both young professionals, students and families. As demand for quality rental housing in Denton continues to surge, 404 Industrial Park offers an unbeatable combination of stability and growth.

Investment highlights

  • Prime Location in a High-Growth Market – Denton is experiencing rapid population and economic growth, driving strong demand for rental housing. The city’s proximity to Dallas-Fort Worth ensures continued expansion and job creation.

  • High Demand for Multifamily Housing – With Denton’s university presence (University of North Texas and Texas Woman’s University) and expanding job market, the demand for quality rental housing remains strong.

  • Well-Maintained, Turnkey Asset – 404 Industrial offers modern, move-in-ready units with top-shelf finishes.

Listing Contacts

JA
TX 0470676
Ahmeti Realty Group, LLC
Listed by Ahmeti Realty Group, LLC

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