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University of Northern Texas Student Housing Development

1008 Johnson Street, Denton, TX, USA
$715,550 41,722 sq ft Rendering Print This Page

Location

1008 Johnson Street, Denton, TX, USA

Price: $715,550
ROI: 20.99%
Price/SF: $10.95
Buildable SF: 65,340
Net Building SF: 41,722
Land Size: 1.50 AC

Full permit set complete and approved by city. Just need to pay city fees
Approved for 28 units
Mix of 4/4, 3/3 and studios
Designed with the student in mind with individual lock-offs
2 car garages
Plenty of parking for guests
Close to bus stop, runs every 20 mins
5 minute drive to campus

The subject property is a fully entitled 28-unit townhome development located in Denton’s growing UNT student neighborhoods. With almost 38,000 enrolled in 2019, Denton has a shortage of quality student housing. This site is strategically located off of Highway 77 and S Bell Ave and features excellent exposure along one of Denton’s main corridors to get to campus. The property is surrounded by major retailers, grocery stores and local spots for students.

Denton is a city in and the county seat of Denton County, Texas, United States. As of the 2010 United States Census, its population was 113,383, making it the 27th-most populous city in Texas, the 200th-most populous city in the United States, and the 12th-most populous city in the Dallas–Fort Worth metroplex. Located on the far north end of the Dallas–Fort Worth metroplex in North Texas on Interstate 35, Denton is known for its active music life; the North Texas State Fair and Rodeo, Denton Arts and Jazz Festival, and 35 Denton Music Festival attract over 300,000 people to the city each year. With over 45,000 students enrolled at the two universities located within its city limits, Denton is often characterized as a college town. As a result of the universities’ growth, educational services play a large role in the city’s economy. Residents are served by the Denton County Transportation Authority, which provides commuter rail and bus service to the area.

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