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Real Estate Investment 3-Plexes - 9th Fastest Growing City In US - 9.3 CAP Rate

Real Estate Investment 3-Plexes - 9th Fastest Growing City In US - 9.3 CAP Rate

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Published by JP
Investment 3-Plexes in Denton Texas, The 9th Fastest Growing City in the US according The 2007 US Census Bureau Report. You Are Buying DIRECT From The Builder - No Middle Men. [www.investorconstruction.com]
Investment 3-Plexes in Denton Texas, The 9th Fastest Growing City in the US according The 2007 US Census Bureau Report. You Are Buying DIRECT From The Builder - No Middle Men. [www.investorconstruction.com]

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Published by: JP on Jun 27, 2008
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05/09/2014

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Project:
Denton, Texas
 TOWNHOMES3-PLEX  Availability: ImmediateContact: JP Ellis(214) 451-8135
3 HOSPITALS AND2 COLLEGE TOWN3-PLEX RENTAL UNITS
(9th Fastest Growing City In U.S. of 100k+ Population)
FOR MORE INFORMATION ABOUT THIS PROJECT AND OTHER PROJECTS PLEASE VISIT: www.investorconstruction.comFOR 3rd PARTY NEWS ARTICLES ABOUT THE TEXASREAL ESTATE INVESTOR MARKET PLEASE VISIT: www.investorconstruction.com/texasnews.html
9.3% Cap Rate.94% Rent to Purchase Price Ratio
TM
 We build investment properties . . .. . . our investors build equity and cash flow 
(SM)
Investor Construction, Inc.Dallas/Forth Worth, Texas(469) 392-5000Phone(888) 637-4604Fax
 www.investorconstruction.com
 
PROJECT OVERVIEW
The City of Denton is best known for one of the largest universities in Texas, The University of North Texas.However, what many people do not know is that there is a 2nd university called Texas Women’s Universityand Denton is also the home of many hospitals and the 5 state regional office for FEMA (Federal Emer-gency Management Administration) which most of you know as the regional office who took blame for theaftermath of Hurricane Katrina. The City of Denton is centrally located north of the Dallas/Fort Worthmetroplex at the merger of Interstate 35 West and Interstate 35 East in the booming population center of North Texas. The City of Denton has seen large amounts of growth (as has the rest of the Dallas/FortWorth metroplex) over the last 10 years and is now the target of many large retailers such as Best Buy,Circuit City, Lowe’s, Home Depot, Super Target and many, many more national retailers.Our project is located on the southern side of Denton which is dead center of all of the retail growth and thesubdivision is located approx 150 to 200 yards off of Interstate 35 East and within 1/8 of a mile from 3hospitals and is a quick 2-1/2 minute drive to the University of North Texas campus and 1/8 of a mile froma local elementary school.Due to is EXTREMELY close proximity to 3 hospitals, 2 universities, and 1 elementary school (see attachedmaps) this subdivision is in the epicenter of growth in the City of Denton. Both the developer and ourresearch shows the target occupants for townhomes in this subdivision are the following:- single mothers with 1-2 children who work close by such as at the hospitals or schools- starter families with children who might not qualify for a home due to current mortgage conditions- college students who do not want to live in an apartment and want multiple roomates and want extra spaceas compared to apartments- graduate students with children who have part time jobs and go to graduate school at night- anyone who is interested in the “maintenance free” lifestyle a townhome offers (see information to follow)
WHY DENTON TEXAS?
The City of Denton is the county seat for Denton County and it is also the home of FEMA for the Southernregion. Denton is located North of both Dallas and Fort Worth and contains the merger of I-35 West andI-35 East which has given Denton a strategic location in North Texas for many companies for freight andlogistics. Some of the major companies in Denton include: Peterbilt Motors, Safety Kleen Systems, SallyBeauty Supply, Trinity Industries (major bridge builder around the country), Thermodyne Industries, Peer-less Manufacturing, ACME Brick, United Copper, and Jostens (school class rings).
Denton also has a very young population with 61% of it’s population 34 years of age or younger.This age group is more likely to rent than own and townhome rentals are a target for this project.
See the attached ‘Denton Economic Development Partnership’ demographic print out.For more information on the 2 universities please visit their websites:www.unt.edu (University of North Texas)Enrollment: 34,268www.twu.edu (Texas Womens University)Enrollment: 12,183For more information on the 3 hospitals within 1/8 of a mile from the subdivision please visit their websites:www.dentonregional.com (Denton Regional Medical Center)Employment: 800www.northtexashospital.com (North Texas Hospital)www.mayhillhospital.com (Mayhill Hospital)
 
ŒŽ
Denton Regional Medical Cente
Distance: 1/4 mileEmployment: approx 800
North Texas Hospital
Distance: 1/4 mile
Mayhill Hospital
Distance: 1/4 mile
University of North Texas
Distance: 2-1/2 minute driveEnrollment: 34,000 +
Texas Women’s University
Distance: 7-10 minute driveEnrollment: 12,000 +
Golden Triangle Shopping Mall
Distance: 1 minute driveMajor retailers:Dillard’s, Macy’s, JC Penney, Sear
New Outdoor Retail Center
Distance: 1-1/2 minute driveMajor retailers:Best Buy, Circuit City, Lowe’s,Home Depot, Staples, Super TargetOld Navy, Sports Authority,TJ Maxx, Pier 1 Imports, & more
FEMA - 5 State Regional Office
Distance: 4 minute driveFederal Government Agency
Multiple Auto Dealerships
Distance: 1/8 mileLarge group of auto dealerships
ŒŽ
Subdivision
Elementary School
Distance: 1/8 mile

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