Contacts
Mark Allen
GREA
(972) 865-6328
Craig Jasso
GREA
(214) 986-5316
Chibuzor Nnaji
GREA
(469) 426-1602
Property Details
- Property Type Other
- Property Size 263,538 SF
- Date Updated Apr 23, 2024
- Website aspire.sharplaunch.com
Aspire Apartments has an address of 201 Coronado Drive and is conveniently situated in the northeastern portion of Denton, a short distance from Texas Women’s University. Aspire is a renovated 132-unit property with a total area of 86,128 square feet and an average unit size of 652 square feet. The two-story, stucco-sided buildings feature large private patios / balconies, and a variety of one- and two-bedroom floor plans are offered. The units are freshly updated and feature fully equipped kitchens, luxury vinyl plank flooring, and washer and dryer connections.
Aspire can be purchased individually or as a portfolio with Lana.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- Three Owners over Four Decades: Maintained by just three owners over 40 years, this property combines stability, meticulous care, and easy management, making it a highly attractive investment.
- Proximate to Substantial Economic Drivers: Denton is perfectly located where I-35W and I-35E (the "Growth Corridor") converge, at the northern point of the Dallas-Ft. Worth triangle. The property is centrally located within Denton, so it's minutes away from Denton's top employers and attractions.
- Virtually No Deferred Maintenance: Current ownership invested over $1.4M into improving the exteriors, amenities, and providing upside on interior enhancments. Ultimately, allowing new ownership to drive top-line revenue.
- Proven Premium Level Upgrades: Ownership is achieving a rental lift on premium level units consisting of black appliances, granite countertops, washer and dryer connections, bathroom vanities and tile surround, and more.
- Immediate Revenue Generators Available: There is demand for amenities such as package lockers, valet trash, backyard spaces, fitness center, grill stations, and more.
- Attractive Financing Available: Nonrecourse agency financing is available with flexible prepayment penalty structures.
Attachments
Getting around
-
84/100
Walk Score ®
-
39/100
Transit Score ®
-
76/100
Bike Score ®
Location
- City Denton, TX
- Neighborhood Downtown Denton
- Zip Code 76209
- Market Dallas Fort Worth
Points of Interest
-
Downtown Denton Transit Center
0.45 miles
-
MedPark
3.42 miles
-
Midway Mart
0.53 miles
-
Clean Energy
0.56 miles
-
Shell
0.81 miles
-
Ekon
0.97 miles
-
QuikTrip
0.98 miles
-
Rapido
1.05 miles
-
7-Eleven
1.10 miles
-
Millennium Shell
1.25 miles
-
RaceTrac
1.42 miles
-
Texaco
1.45 miles
-
City Hall Parking
0.33 miles
-
Lot 57
0.83 miles
-
Lot 56
0.88 miles
-
Lot 53
0.88 miles
-
Lot 55
0.89 miles
-
Lot 59
0.94 miles
-
Lot 54
0.95 miles
-
Lot 50
1.00 miles
-
Lot 39
1.02 miles
-
Lot 40
1.04 miles
-
Clayton Motel
1.07 miles
-
SpringHill Suites by Marriott
1.40 miles
-
Studio 6
1.56 miles
-
Hampton Inn & Suites Denton
1.58 miles
-
Deluxe Inn
1.73 miles
-
Super 8 by Wyndham
1.87 miles
-
Quality Inn & Suites
1.93 miles
-
Economy Inn & Suites
1.95 miles
-
Staybridge Suites
2.19 miles
-
Embassy Suites
2.28 miles
-
Natural Grocers
0.87 miles
-
Kroger
0.98 miles
-
La Azteca Meat Market
1.13 miles
-
ALDI
1.64 miles
-
La Michoacana Meat Market
1.65 miles
-
La Azteca Meat Market
1.72 miles
-
Albertsons
2.02 miles
-
Burlington
2.15 miles
-
Kohl's
2.16 miles
-
Ross
2.19 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
