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$1,350,000
Est. payment /mo
1.7 Acres Lot
UPDATED:
12/13/2024 02:50 AM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Shannon J B
MLS Listing ID 20742537
HOA Y/N None
Total Fin. Sqft 6830
Year Built 1950
Annual Tax Amount $9,541
Lot Size 1.697 Acres
Acres 1.697
Property Description
Marvin Gardens is 26-unit Multifamily property with 100% occupancy and wait list. This Multifamily property is located in the booming Denison, Sherman market. Investor GEM in a high growth location and will provide high cash flow. 20x efficiency units, 3x - 1 bedroom, and 1x - 2 bedrooms, 2 Commercial Metal buildings and 7 storage units. Total of 26 units with 100% occupancy. All bills paid property with on-site Property manager. There are 3 single family home on the adjacent lots that are also available for sale.
Texas Instruments is building $30B fab in Sherman and more future jobs in the area. 40 mins drive from NE Dallas fastest growing suburbs - Frisco and McKinney. A great cash flow investment opportunity in Denison, Sherman market. Pro-forma and Current Financials available on request. Please do NOT disturb tenants or management.
Texas Instruments is building $30B fab in Sherman and more future jobs in the area. 40 mins drive from NE Dallas fastest growing suburbs - Frisco and McKinney. A great cash flow investment opportunity in Denison, Sherman market. Pro-forma and Current Financials available on request. Please do NOT disturb tenants or management.
Location
State TX
County Grayson
Direction GPS
Interior
Interior Features Other
Heating Electric
Cooling Wall Unit(s)
Flooring Concrete
Appliance Electric Cooktop
Heat Source Electric
Exterior
Utilities Available All Weather Road, Asphalt, City Sewer, City Water
Roof Type Shingle
Garage No
Building
Story One
Foundation Slab
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Hyde Park
Middle Schools Henry Scott
High Schools Denison
School District Denison Isd
Others
Ownership Ask Agent
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Listed by Vic Reddy Pasham • Colleen Frost Real Estate Serv
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