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820 N Sam Rayburn Freeway

Sherman, TX 75090
  • $8,000,000
  • STATUS: Active
  • ON SITE: 115 Days
  • ID#: 20179643
UPDATED: 29 min ago
$8,000,000
  • 0
    BEDS
  • 3.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1968
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Stacey Olmstead of Paragon, Realtors: 903-893-8174.

Description

Incredible investment opportunity!!! 68-unit senior living apartment complex in the heart of Sherman. All units are occupied and there is a waiting list. This complex has a wonderful, experienced property manager that would like to stay after the completion of the sale. All units have an all-bills-paid leasing agreement. Located in a great neighborhood with convenient access to highway 75. Please contact listing agent for more information.

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© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-01-31T13:42:54.2.
www.homesbylainie.com/homes/133763295
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820 N Sam Rayburn Freeway Sherman, TX 75090

  • Price: $8,000,000
  • Status: Active
  • On Site: 115 Days
  • Updated: 29 min ago
  • ID#: 20179643
0
Beds
0
Baths
0
½ Baths
3.07
Acres
1968
Built
Neighborhood:
Mcanair
County:
Grayson
Area:
Sherman
Elementary School:
Wakefield
High School:
Sherman
School District:
Sherman ISD
Property Description
Incredible investment opportunity!!! 68-unit senior living apartment complex in the heart of Sherman. All units are occupied and there is a waiting list. This complex has a wonderful, experienced property manager that would like to stay after the completion of the sale. All units have an all-bills-paid leasing agreement. Located in a great neighborhood with convenient access to highway 75. Please contact listing agent for more information.
Exterior Features

Backyard Pool Features In Ground Carport Spaces 2 Construction Brick Construction Materials Walls 112 Covered Spaces 2 Exterior Features Covered Patio/PorchRain GuttersUncovered Courtyard Fencing Wood Foundation Slab Lot Description AcreageInterior Lot Lot Size Source Public Records Parking Or Garage AssignedCoveredParking LotPavedVaries By Unit Pool On Property Yes Roof Composition Waterfront YN No

Interior Features

Accessibility Features Accessible Approach With RampAccessible BedroomAccessible DoorsAccessible Grip Appliances DishwasherElectric Range Attached Garage No Basement No Cooling Ceiling Fan(S)Central AirElectric Fireplaces 0 Flooring CarpetTileVinyl Garage No Handicap YN Yes Heating CentralElectric Interior Features Built-In FeaturesCable Tv AvailableHigh Speed Internet Available Kitchen Equipment 214-515-9888 Window Features CoveredSide Porch

Property Features

Accessory Unit Type Other Accessory Unit YN Yes Alarm Or Security Type Smoke Detector(S) Barns1 Window Coverings Building Area Source Public Records Building Area Total 65986.00 Common Features Community PoolPerimeter Fencing Complex Name Concord Village Apartment Construction Status Preowned Gross Annual Expenses 209057.00 Gross Annual Income 805000.00 HOA None Horse Permitted No Insurance Expense 38727 List MLSProvider Greater Texoma Association Of Realtors Listing Terms 1031 ExchangeCashContact AgentConventional Municipal Utility District No Net Operation Income 557216 Operating Expense Includes InsuranceMaintenanceMaintenance GroundsMaintenance StructureManagerParkingPool/SpaStaffSuppliesTrashUtilitiesWater/Sewer Possession Closing/FundingLease OutstandingSubject To Lease Property Type Apartment Senior Community Yes Special Notes Aerial PhotoAge-Restricted Tenancy Lease While On MarketNo SmokingOver 9 Months Unexempt Taxes 63320 Utilities All Weather RoadCity SewerCity Water Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2023 North Texas Real Estate Information System.


© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-01-31T13:42:54.2.
 
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Homes By Lainie Real Estate Group
141 Chisolm Trail
Pottsboro TX, 75076
Offered by Stacey Olmstead of Paragon, Realtors: 903-893-8174.