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Prime Commercial Opportunity 2424 Texoma Pkwy 33 Unit Mobile Home Park $950,000 ($28,788/Unit) Sherman, TX 75090

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Property Facts

Price	$950,000	Building Class	C
Price Per Unit	$28,788	Lot Size	8.90 AC
Sale Type	Investment	Building Size	10,066 SF
Sale Conditions	1031 Exchange Build to Suit Business Value Included	No. Stories	1
No. Units	33	Year Built	1995
Property Type	Multifamily	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Manufactured Housing/Mobile Home

Price	$950,000
Price Per Unit	$28,788
Sale Type	Investment
Sale Conditions	1031 Exchange Build to Suit Business Value Included
No. Units	33
Property Type	Multifamily
Property Subtype	Manufactured Housing/Mobile Home
Building Class	C
Lot Size	8.90 AC
Building Size	10,066 SF
No. Stories	1
Year Built	1995
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

About 2424 TEXOMA PKWY , SHERMAN, TX 75090

***The City of Sherman has agreed to demo all three buildings should a Buyer elect to build from scratch. ***Significant capital gain tax incentives available in this Opportunity Zone property! Unlock the potential of this versatile 1.15-acre commercial property located at 2424 Texoma Pkwy, Sherman, TX 75090, zoned C-2 (General Commercial) in the heart of a bustling corridor. Previously a 33-unit motel, this site is now primed for redevelopment into a wide range of retail, service, or office uses permitted under Sherman's C-2 zoning, offering endless possibilities for investors and developers. The existing structures can be remodeled into modern suites for businesses such as medical offices, fitness studios, or retail shops, or the site can be cleared for a custom build-to-suit project tailored to your Continued... See Addendum Property Description 1.

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