517-523 S Travis StSherman, TX 75090
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This stabilized multifamily property is an ideal investment opportunity. Boasting 100% occupancy and an average of 97.5% over the past five years, the property is well-positioned in a prime location with convenient access to the downtown square and major highways. It features a diverse unit mix, including large efficiencies, 1-bedroom, and 2-bedroom apartments, with the added convenience of on-site laundry and washer-dryer hookups in the 2-bedroom units. Residents enjoy ample parking, and recent improvements include new roofs installed in September 2024, a new fence along the south side in August 2024, and a new stairwell for the duplex added in September 2024. Currently self-managed by the owner, this property offers a secure, income-generating investment with consistent occupancy in a high-demand area.The Welling Apartments is comprised of 13 units blocks away from Downtown Sherman, TX.
| 6 days ago | Listing updated with changes from the MLS® | |
| 6 days ago | Status changed to Active | |
| a month ago | Price changed to $1,100,000 | |
| 9 months ago | Listing first seen on site |
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Data Last Updated: 2024-10-15 02:30 PM CDT
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