Listing Courtesy of: Jacqueline Green - Vissute Real Estate, LLC
$1,100,000
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517-523 S Travis St Sherman, TX 75090
Apartment
Residence
Beds
Baths
...
Bed/Bath
9,065
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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, inc...luding 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.
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MLS#
20576286
Property Type
Apartment
Year Built
1946
Square Feet
9,065
sq. ft
Lot Size
0.25
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