MULTIFAMILYRADAR
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NewStabilized
$1,225,000

8-Unit Multifamily in Denton, TX

TX · listed Nov 1, 2026 (1 day)

Price per unit compared
This property$153K
Within ~40 mi (139)$135K
Texas median (1,020)$100K
$/unit
$153,125
▲ 53% vs TX · 75th pct
Cap rate
—
 
NOI
$27K
$3,376/unit/yr
Units
8
2 bldg · 1984

Financials

Asking price
$1,225,000
Price per unit
$153,125
Price per sq ft
$184
Gross rent / year
$91,439
Net operating income
$27,004
NOI per unit
$3,376
Cap rate
Not stated
Gross yield
7.5%gross rent ÷ price
Occupancy
100%

As stated by the seller. Verify during due diligence.

Building

Units
8
Unit mix
16-bedroom
Buildings
2
Year built
1984
Building size
6,672 sq ft
Avg unit size
834 sq ft
Lot size
Not stated
Condition
Stabilized

Deal terms

Owner financing
Not stated

Listing

Listed
Nov 1, 2026
Days on market
1 day
On MultifamilyRadar
Nov 2, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
2300

About this property

Classic Oaks Apartments presents an exceptional, fully leased 8-unit, 16-bedroom multifamily investment opportunity in a high-demand Denton market just minutes from the University of North Texas (UNT). Spanning two well-maintained buildings with spacious 2-bedroom floor plans, the property generates immediate, stable cash flow driven by continuous, year-round tenant demand from UNT’s student and workforce population. Key amenities include residential perimeter gating for tenant security, a dedicated 17-space numbered parking lot providing ample assigned parking for residents and guests, and a convenient on-site laundry facility. Positioned in a low-vacancy submarket close to campus, downtown Denton, local dining, and major commuter routes, Classic Oaks Apartments delivers an ideal balance of low-maintenance management and reliable long-term upside.

Location

Approximate area. The exact address is shared on request.

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