New ListingDiscover a multifamily investment opportunity at 4268 Sherwood Way! This well-kept commercial property features 32 studio-style apartment units with thoughtful updates throughout. Situated in a prime location on Sherwood Way, the property offers convenient access to shopping and restaurants within walking distance. Currently offering both short- and long-term and furnished and unfurnished lease options with all-inclusive living, the property accommodates a variety of tenant needs. An on-site laundry facility and ample parking add everyday convenience. With its desirable location, flexible leasing options, and well-maintained condition, this property is an excellent opportunity for investors looking to establish or expand their multifamily portfolio!
| MLS | 202814 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 2011 |
| Days On Site | 4 |
| Listing Provided By | ERA Newlin & Company | Landry Scott |
| SQ Feet | 17,059 |
|---|---|
| Story(s) | 1 |
| Zoning | Multi-Family |
| Acreage | 2.26 |
| Heating | Central, Electric, Ductless |
|---|---|
| Heating Yes / No | Yes |
| Cooling | Central Air, Electric, Ductless |
| Cooling Yes / No | Yes |
| Roof | Metal |
|---|---|
| Construction Materials | Stucco |
| Security Features | Fire Sprinkler System |
| Parking Features | Alley Access, Parking Lot, Private, Unassigned, Asphalt |
|---|
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Water Source | Public |
| Tax Block | - |
|---|---|
| Tax Legal Description | Acres: 2.258 Lot: 5B Subd: Mer-Way Inc Addn Consolidated 1st R/P Of Lot 5 Sec 3 |
| Tax Lot | 5B |
| State | TX |
|---|---|
| County | Tom Green |
| City | San Angelo |
| Zip Code | 76901 |
| Area | Tom Green |
| Neighborhood | Mer Way Inc. Consolidated |
| Listing VS Median (in Mer Way Inc. Consolidated) | |
Price: $2,000,000 low | high Med: $1,750,000 sqft: 17,059 low | high Med: 12,040 $ / sqft: $117 low | high Med: $165 On site: 4 low | high Med: 470.5 | |
| State | TX |
|---|---|
| County | Tom Green |
| City | San Angelo |
| Zip Code | 76901 |
| Area | Tom Green |
| Neighborhood | Mer Way Inc. Consolidated |
| Listing VS Median (in Mer Way Inc. Consolidated) | |
Price: $2,000,000 low | high Med: $1,750,000 sqft: 17,059 low | high Med: 12,040 $ / sqft: $117 low | high Med: $165 On site: 4 low | high Med: 470.5 | |