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 221,672.48 SF
- Date Updated Apr 26, 2024
- Website lana.sharplaunch.com
Lana Apartments at 521 East Windsor Drive is situated in the northeastern portion of Denton, and close proximity to Texas Women’s University. Lana is a recently remodeled 116-unit multifamily community with a total building area of 84,422 square feet and an average unit size of 756 square feet. The two-story, garden-style property features well-equipped one- and two-bedroom apartment homes with central heating and air conditioning, wood-look flooring, and contemporary kitchens and bathrooms.
Lana can be purchased individually or as a portfolio with Aspire.
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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 $1.2M 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
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Location
- City Denton, TX
- Neighborhood Windsor Village
- Zip Code 76209
- Market Dallas Fort Worth
Points of Interest
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Downtown Denton Transit Center
2.17 miles
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MedPark
4.76 miles
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Millennium Shell
0.56 miles
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Ekon
1.12 miles
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Shell
1.13 miles
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ChargePoint
1.82 miles
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Clean Energy
2.11 miles
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Midway Mart
2.21 miles
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7-Eleven
2.33 miles
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QuikTrip
2.35 miles
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7-Eleven
2.45 miles
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Denton Supercharger
2.59 miles
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Lot 4
1.58 miles
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Lot 93
1.58 miles
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Lot 92
1.71 miles
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Lot 95
1.78 miles
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Lot 91
1.79 miles
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Lot 96
1.81 miles
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City Hall Parking
2.07 miles
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Mack Park Parking
2.31 miles
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Lot 59
2.33 miles
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Lot 57
2.43 miles
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Clayton Motel
1.57 miles
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Fairfield Inn & Suites by Marriott
2.91 miles
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Best Western Plus Denton Inn & Suites
2.92 miles
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Embassy Suites
2.96 miles
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Days Inn by Wyndham Denton
3.07 miles
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Motel 6
3.09 miles
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Value Place
3.09 miles
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Howard Johnson Express Inn
3.11 miles
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Holiday Inn Express & Suites
3.11 miles
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La Quinta Inn & Suites by Wyndham Denton - University Drive
3.12 miles
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La Azteca Meat Market
0.67 miles
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Natural Grocers
1.02 miles
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Kroger
1.18 miles
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La Michoacana Meat Market
2.04 miles
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ALDI
2.12 miles
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Kohl's
2.44 miles
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Ross
2.47 miles
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Albertsons
2.49 miles
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Walmart Supercenter
2.65 miles
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WinCo Foods
2.74 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.