1600 Scripture StDenton, TX 76201

Property Details for 1600 Scripture St

Year built

1970

Lot size

0.69 AC

Property size (Sq ft)

13,458 SF

Property type

Commercial real estate

APN

R32449

APU

R32449

Description

This exceptional 22-unit multifamily property, located at 1600 Scripture Street in Denton, Texas, presents a compelling investment opportunity. Situated on a 0.68-acre lot, the building boasts a substantial 13,458 square feet of space. Its prime location, just two blocks north of the University of North Texas and minutes west of the historic Denton Square, ensures high occupancy rates. The property benefits from its proximity to all areas of the university and the city of Denton, making it highly attractive to students and young professionals. Recently redeveloped, this multifamily building is in excellent condition and ready for immediate income generation. The property's classification as both an apartment building and student housing reflects its versatility and appeal to a broad tenant base. The address is 1600 Scripture St, Denton, TX 76201. This is a rare chance to acquire a well-positioned, high-demand multifamily asset in a thriving Texas market. The property's size and location make it an ideal investment for those seeking strong returns in a rapidly growing area. Its proximity to UNT and the Denton Square provides easy access to a vibrant social scene, shopping, and dining options, further enhancing its desirability. This is a turnkey investment ready for immediate income generation.

• Alternative Use

  Use

  Valuation

  Residential

  $4,159,025

  Hospitality

  $3,809,644

  Educational

  $3,169,580

  Medical

  $3,278,586

  Retail

  $4,930,457

Location Insight

City

Denton

County

Denton

State

Texas

Latitude

33.2192

Longitude

-97.149

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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