2269 W Oak St, Denton, TX 76201

Cluster Apartments is a 57-unit multifamily asset in Denton, Texas, offering investors a stabilized asset near UNT, TWU, major employers, and the UNT bus line. The property consists of five two-story buildings totaling 30,580 net rentable square feet on 1.469 acres and features a unique unit mix that includes studios, junior one-bedrooms, one-bedroom townhome units, and larger-format units. With current occupancy at approximately 93%, attractive in-place rents across multiple floorplans, and mini-split HVAC units added throughout the property in 2023, Cluster Apartments provides immediate income with additional upside through continued operational optimization. The asset may be purchased on a stand-alone basis or together with nearby Bonnie Green Apartments as part of a 98-unit portfolio offering.