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2404 Louise St
Denton, TX 76201 Rayzor Ranch

$4,300,000 USD

Apartments For Sale • 19,440 SF

Property Details

Property Type Apartments
Total Building Size 19,440 SF
Lot Size 0.72 AC
Year Built 1967
Cap Rate 4.12 %
Zoning MN

40 Transit Score

60 Walk Score

                
                    Highlights
                
                                Most of the Heavy Expenses have been done. HVAC's, Appliances, Water heaters, and other upgrades.
                            
                                Only 1 block from UNT Campus
                            
                                Many long term tenants

Financial Summary (Actual)

Net Operating Income: $49,949 USD (2025)

Cap Rate:	4.12 %
Total Expenses:	$210,051 USD

Amenities

24 Hour Access
Gas Range
Walk To Campus

Public Transportation

Commuter Rail	Drive	Walk	Distance
Downtown Denton Transit Center (A-train - Denton County Transportation Authority)	7 min	-	2.4 mi
Medpark Station (A-train - Denton County Transportation Authority)	10 min	-	5.4 mi
Airport	Drive	Walk	Distance
Dallas-Fort Worth International	35 min	-	27.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	38
Type:	Surface
Included in Rent:	Yes

Ara Minassian 214-727-0686 Star Realty

2404 Louise St Denton, TX 76201 Rayzor Ranch