The Graduate @ UNT
Multifamily | 28 Units
Marketing description
Rowan Multifamily Advisors is pleased to announce the exclusive listing of The Graduate Apartments in Denton, Texas. The Graduate is a 28-unit apartment community strategically located directly adjacent to the University of North Texas, as it is surrounded by the University on the south, east, and west sides. The property's walkable location to campus, combined with recent interior and exterior renovations, as well an all-bills-paid operating model, positions it to benefit from consistent student and workforce housing demand. The Graduate offers investors a well-located asset supported by the University's continued enrollment growth and Denton's expanding economy.
The Graduate Apartments are ideally located on the west side of the University of North Texas campus in Denton, Texas. The property sits directly adjacent to UNT and is just minutes from Razor Ranch, Texas Health Presbyterian Hospital, and other major employment and retail destinations.
The property's renovated studio floor plans, walk-to-class convenience, and proximity to the UNT Coliseum, University Union, Music Building, and Business Leadership Building position it to benefit from long-term enrollment growth and sustained housing demand. Investors have the opportunity to acquire a turnkey asset with additional upside through operational efficiencies, utility cost reductions, and revenue enhancement initiatives.
Investment highlights
- Turnkey renovated asset
- Significant upside through reducing unusually high utility expenses
- Potential implementation of RUBS or utility recapture strategies
- Opportunity to add technology package revenue
- Professional third-party management upside
- Rental growth potential due to irreplaceable campus-adjacent location
- Operational efficiencies from transitioning away from owner management
- Strong student and workforce housing demand drivers
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