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
9,065
Sq. Ft.
0.25
Acre
Lot
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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