411 Ponder Street
Denton, TX 76201 / Ponder Add

MLS ID# 20487677 Active
Apartment

$4,235,000

0 units


Details for 411 Ponder Street, Denton TX 76201

Prime location just two blocks from the University of North Texas, The Vine on Ponder St offers a strong investment opportunity. Major recent renovations include exterior paint, interior paint, modern flooring, exquisite finishes, newly fenced patios, and new stainless appliances. The complex consists of 2 buildings, housing 35 units. Units range from studio, to 1 bed 1 bath, to 2 bed 1.5 bath. Parking is located in between both buildings. This complex presents major potential, as market rents show room for growth. Property could also thrive with a stronger online presence. Don’t miss out on this wonderful investment opportunity!

Features and Details

  • Category Multi-Family
  • Type Apartment
  • Area/Neighborhood Ponder Add
  • County Denton
  • Acreage 0.592 Acres
  • MLS ID# 20487677
  • Year Built 1963
  • Garage Capacity 0
  • Living Area 0 sqft
  • Room Name Size
Complex Name
VINE APARTMENTS LLC
Construction
Brick, Composition, Slab
Heating/Cooling
Central, Heat Pump, Central Air,Other
Association Fee
None
Flooring
Laminate
Interior Features
Cable TV Available, High Speed Internet Available
Parking
Asphalt, Guest
Utilities
City Sewer, City Water, Co-op Electric
Year Built
1963, Preowned
Gross Annual Expenses
223143.00
Gross Annual Income
339507.00
Net Operation Income
89911
# of Buildings
2
OccupancyRate
85
Tenancy
Over 9 Months

Units Details

Unit 1
Dimensions
Dinging Area: 1x
Kitchen: 1x
Living Area: 1x
Master Bedroom: 0x
Lease
$800
Full Baths
1
# Units
11
SqFt
396
Unit 2
Dimensions
Dinging Area: 1x
Kitchen: 1x
Living Area: 1x
Master Bedroom: 1x
Lease
$1300
Full Baths
1
# Units
14
SqFt
950
Unit 3
Dimensions
Dinging Area: 1x
Kitchen: 1x
Living Area: 1x
Master Bedroom: 2x
Lease
$975
Full Baths
1
Half Baths
1
# Units
2
Unit 4
Dimensions
Dinging Area: 1x
Kitchen: 1x
Living Area: 1x
Master Bedroom: 2x
Lease
$1300
Full Baths
1
Half Baths
1
# Units
8
SqFt
1229
This listing was last updated on 5/9/2024 10:42:20 AM.