6 Twelve London Place Apartments

Capstone is pleased to present the 6 Twelve London Place Apartments, a 40-unit apartment complex in the rapidly growing city of Denton, TX. Built in 1979, and with recent renovations, the property has seen major Effective Gross Income (EGI) growth throughout 2023. Along with above-average EGI growth, 6 Twelve London Place has sustained above-average historical occupancy, proving tenant demand and the ability of tenants to weather rental rate increases. Lastly, the property is located in a strong submarket, showing positive signs of population growth and growing income levels.

Investment Highlights:

Historical EGI Growth

High Historical Occupancy and Market Resilience

Opportunity For Additional Rental Income Through Utility Reimbursement and Coin-Based Laundry Operations

Strategic Location with Strong Demographics