422 S Crockett St | Sherman, TX 75090
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- LoopNet Team
422 S Crockett St
Sherman, TX 75090
Legacy Sherman · Multifamily Property For Sale
·
31 Units
INVESTMENT HIGHLIGHTS
- Priced Well Below Replacement Costs
- Occupancy Near Capacity
- Newly resurfaced asphalt drive up parking
- Control Your Destiny Location (no neighboring multifamily/commercial properties)
- Rental Rates Well Below Market Average
- Management scheduled to convert water & electricity from an "all bills paid" to a "RUB" platform
PROPERTY FACTS
| No. Units | 31 | Building Size | 17,453 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1967 |
| Building Class | C | Parking Ratio | 3.44/1,000 SF |
| Lot Size | 0.90 AC |
| No. Units | 31 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.90 AC |
| Building Size | 17,453 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 3.44/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Recycling
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 12 | - | 407 |
| 1+1 | 12 | - | 629 |
| 2+1 | 6 | - | 770 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,268,134 | |
| Land Assessment | $201,558 | Total Assessment | $1,469,692 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$201,558
Improvements Assessment
$1,268,134
Total Assessment
$1,469,692
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