Travis Park

Summary:

The Multifamily Group is pleased to present the exclusive offering of Travis Park, a unique opportunity in Sherman, Texas.​ Built in 1965, this property features 14 units with an average size of 728 square feet, offering one and two-bedroom floor plans, with eight 800 SF two-bedroom units.​ The property currently has a 93% occupancy rate, with only one vacant unit.​ The owners have recently installed brand-new windows throughout the property.​ Travis Park is available for purchase without any existing debt.​

Property Location:

Situated directly across from Washington Elementary School and just a quarter mile from Highway-75, Travis Park offers a prime location.​ Approximately an hour north of Dallas and just 15 minutes from Denison, the property is near the heart of historic Downtown Sherman.​ Residents enjoy convenient access to a variety of shopping, dining, and entertainment options, including the Sherman Town Center, Midway Mall, and Pecan Grove Park.​ With all K-12 schools within an eight-minute drive, and easy connectivity to I-75, Travis Park provides effortless access to daily necessities and popular destinations.​

Sherman, Texas:

The Sherman-Denison area has a stable and growing employment base.​ The largest employers are education and health services.​ Denison has two regional health centers: The Wilson N.​ Jones Regional Health System and the Texoma Medical Center.​ The largest employers in Sherman are Tyson Foods and Texas Instruments (TI).​ This area has emerged as a hotbed for chip and semiconductor manufacturing.​ Sherman is building the 3,300-acre master-planned Progress Park, which will include sites for manufacturing, data centers, Headquarters, and research and development.​ TI has broken ground on a $30 billion campus, while GlobiTech has announced plans for a $5 billion facility.​ These developments will increase the steady demand for housing for current and future residents.​ Additionally, Lake Texoma is just 30 minutes away and offers 90,000-acres of boating, fishing, and swimming.​

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  Majority 2-Bedroom Units

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  93% Occupied (Only 1 Vacant Unit)

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  Features Brand New Windows Throughout

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  Across the Street from the Washington Elementary School

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  Easy Access to Hwy-75

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  $69,000+ Median Household Income in a 1-Mile Radius (Yardi*)

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  Within 2 Minutes of Historic Downtown Sherman

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  Sherman-Denison Area Has Emerged as a Hotbed for Growth

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  150,000+ Estimated Sherman-Denison MSA Population

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  Offered Free and Clear