Properties

Property Description

Waller Group Properties is proud to present this 14 unit property in Sherman, TX. This is a turnkey investment, offering new ownership the opportunity to capitalize on a recently renovated property with below-market rents. The property is currently operating at an NOI of $89,315 at a 6.87% cap rate. The property was underwritten on annualized T-3 expenses in order to reflect stabilized performance. Due to the recent stabilization and minimal work needed on repairs, this asset will effectively operate on a low expense ratio. *** See OM in attachments for full details ***

Features
: Central Air-elec, Central Heat-elec
: Composition
0
0
2
1
0
: Other, Window Coverings
Appliances
1
1
1
Address Map
Texas
Grayson
Sherman
75090
Travis
826
Street
0
W97° 23' 34.5''
N33° 37' 43''
0
Neighborhood
Sherman ISD
Washington
Sherman
Piner
MLS Addon
0
14409000
Active
Additional Information
Travis Park
Concrete,Steel,Wood
0
0
1
1
1
1
1
1
1
1
$0
1
1
15091
0
0
0
0
0
0
$0
0 Sqft
14
$133,920
$89,315
0
0 Sqft
0
$0
0
100
1
0
0
0
0
0
0
0
0
0
0
6209
0
6.87

Multi-family For Sale

826 Travis Street, Sherman, Texas 75090

0 Bedrooms
0 Bathrooms
0 Sqft
$1,300,000
Listing ID #314520
Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 314520
Price : $1,300,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 1965
Lot Area : 20,037.60 Acre
Parcel Number : 165875
Multi Parcel IDYN : 1
Property Sub Type : MUL-Apartment/5Plex+
Block : 4
Subdivision Name : Hare & Randolph Add
Agent info
Tamer Shiha
Tamer Realty
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent