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32274406
32274405

1410 West Oak Street, Denton, TX 76201

JA
TX 0470676
Ahmeti Realty Group, LLC
Listed by Ahmeti Realty Group, LLC
$1,000,000
32 days on market
Updated 31 days ago

1410 W OAK ST Apartments

Details
APN 34963
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,756
Net Rentable (SqFt) 4,670
Units 9
Pro-Forma Cap Rate 6.26%
Pro-Forma NOI $62,620
Price per SqFt $214
Class C
Year Built 1909
Year Renovated 2024
Buildings 3
Stories 2
Lot Size (SqFt) 16,000
Zoning MF025
Investment Type Stabilized

Boutique MF Asset 1 block from UNT

Marketing description

Denton, Texas has firmly established itself as one of the most dynamic rental markets in North Texas, driven by a powerful and self-sustaining demand engine that few submarkets in the region can match. At the center of that engine is the University of North Texas — one of the largest universities in the state, with an enrollment exceeding 40,000 students and thousands of faculty and staff — creating a deep, recurring pool of renters that replenishes every academic cycle. Texas Woman's University adds further depth to the local renter base, and together the two institutions make Denton one of the most education-dense cities in Texas. Beyond the universities, Denton's broader economy continues to expand across healthcare, manufacturing, and professional services, while the city's population grows at a pace consistently outpacing state and national averages, with forecasts projecting continued expansion well into the next decade. 1410 W. Oak Street sits squarely within this demand corridor — walkable to UNT's campus and Denton's vibrant historic downtown square — placing it at the intersection of the city's strongest long-term rental demand drivers.

1410 W. Oak Street offers investors a rare opportunity to acquire a boutique, workforce-housing asset in one of Denton's most sought-after rental corridors at an attractive basis relative to replacement cost. The property generates stable in-place cash flow across a diverse unit mix, with one unit benefiting from a tenant-paid utilities structure that enhances net operating income. Current rents trail prevailing market rates for comparable product in the area, providing a clear mark-to-market opportunity as leases turn over. The asset's small scale and affordable price point serve a distinct renter profile — one anchored by the consistent, year-round demand generated by the University of North Texas campus just steps away. With a single vacant unit representing immediate lease-up upside and a well-located, manageable asset well below institutional deal thresholds, 1410 W. Oak Street is ideally suited for a private investor seeking durable cash flow and embedded upside in a high-demand submarket.

Investment highlights


Listing Contacts

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

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