1600 N Ruddell Street, Denton, Texas 76209

Potential High Density Student Housing or Townhome Development Site Next to TWU Campus. Site located just off US-380 (University Dr.) & N. Ruddell St next to TWU campus. This 0.808 acre lot is zoned MN (Mixed-Use Neighborhood) and could potentially work for a high density student housing site or townhome development. Two lots over from Vitae Residences. The owner has a preliminary concept plan for 43 units, 4 story multi-family building and the pre-submittal meeting with the City of Denton went well but it’s been over 6 months since the meeting so can’t be relied on. Owner has since retired from development. Buyer would have to confirm zoning and approved usage. There is a small single family house on site that is currently rented at $1,200 per month.Buyer to confirm zoning and allowed usage with City of Denton

Investment Highlights – Within Walking Distance to Texas Woman’s University (approx. 16k students and 1,300 faculty members) .Potential High Density Student Housing Site Attractive to Both Students & University Faculty. Preliminary Concept Plan is 43 unit, 4 Story Multi-Family Building. Small Residential House On Site Leased for $1,200 month. Immediate Access to US-380 (University Dr.)