Opportunity in Denton near UNT. Lots of growth in Denton, area continues to explode.
This deal is for TWO triplexes (6 units total) or list agent said you can buy individually.
Each Triplex has 3 units - 2 beds, 2 baths per unit
Property 1 rents at - $3,150 gross monthly rents
Property 2 rents at - $3,150 gross monthly rents
Market rent is $1,250 per unit ($3,650) and being raised with new leases - per list agent.
Owner pays water (opportunity for future bill back to recoup more revenue).
Price is $450,000 per triplex ($900k total). I believe this to be a HIGH price based on current rents and owner paying water.....even though rents have room to grow, $900K is too high....
