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Investment Highlights

  • Prime location less than a mile from the historic downtown square in growing Denton
  • Well-maintained, turnkey asset
  • High demand for MF housing

Executive Summary

404 Industrial Park is a prime multifamily investment opportunity located in Denton, TX, a rapidly growing city with strong rental demand driven by its expanding population and economic growth. 404 Industrial Park is located less than a mile from Denton's bustling downtown square. The historic downtown square is renowned for its diverse retail shops, restaurants and lively entertainment venues. Denton is home to major employers like Peterbilt Motors, Texas Health Presbyterian Hospital and Sally Beauty Holdings. Denton is also home to 2 universities, the University of North Texas and Texas Women's University with a combined student body of over 61,000. Denton’s proximity to Dallas-Fort Worth, now the 4th-largest metro in America, combined with its business-friendly environment, makes it a hotspot for continued growth. 404 Industrial Park's modern units and well-maintained amenities appeal to both young professionals, students and families. As demand for quality rental housing in Denton continues to surge, 404 Industrial Park offers an unbeatable combination of stability and growth.

Attachments

Industrial Park P&L-Presentation
404 Industrial RR - 7.6.26

Data Room Click Here to Access

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type Investment
No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.91 AC
Building Size 32,240 SF
Average Occupancy 97%
No. Stories 4
Year Built 2018
Parking Ratio 1.64/1,000 SF
Zoning MF - Multi-Family

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Crown Molding
  • Eat-in Kitchen
  • Kitchen
  • Vaulted Ceiling
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Sprinkler System
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Carpet
  • Wi-Fi
  • Built-In Bookshelves
  • Dining Room
  • Double Pane Windows
  • Framed Mirrors
  • Freezer
  • Island Kitchen
  • Loft Layout
  • Office
  • Pantry
  • Patio
  • Smoke Free
  • Vinyl Flooring
  • Wheelchair Accessible (Rooms)
  • Large Bedrooms
  • Quartz Countertops

Site Amenities

  • 24 Hour Access
  • Picnic Area
  • Gated
  • Furnished Units Available
  • Bicycle Storage

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 24 - 600 - 700
2+2.5 12 - 1,260 - 1,560
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
R301807
Land Assessment
$607,808 CAD (2025)
Improvements Assessment
$7,294,110 CAD (2025)
Total Assessment
$7,901,918 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 41270321

  • Date on Market: 2026-07-13

  • Last Updated:

  • Address: 404 Industrial St, Denton, TX 76201

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