Manchester House – 501 Londonderry Rd, Denton, TX
- 97 units
- Studio, 1/1, 2/1 apartments
- 1/1, 2/2 townhomes
- Average unit size: 974 sq. ft.
- Purchased Feb. 2019
- Over $700K in capital improvements
- Converted from resident-paid electric to RUBS
- 31 investors/owners
- 30% of units negatively impacted by the Great Texas Freeze and power outages in Feb. 2021
- Sold for $2M more than it was purchased; but 0% gain for investors.
Casa Del Sol | Spanish Chase | The Village on West Irving | Silverado | The Monterey | Manchester House