1420 Park Pl Sherman, TX 75092

Listing agency Dallas Office n***@marcusmillichap.com Show Phone

Listed by Nick Fluellen · License #TX: 0521943, TX: 9001647 Show Phone

Source Marcusmillichap

Added: Apr 3 Updated: Jul 20 at 7:03PM Checked: Jul 21 at 3:05AM

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Investment Insights

Based on property information with market context.

Park Place is a 21-unit Class-A apartment community built in 2020 in Sherman, Texas. The property offers a 100% two-bedroom unit mix and premium interior finish-out. Management indicates consistently strong occupancy, supporting stable in-place performance.

The community is positioned along the fast-growing U.S. 75 North Dallas corridor, with long-term demand linked to Sherman’s transformational $30 billion Texas Instruments semiconductor campus.

For investors, the listing highlights value-add potential through the addition of reserved and covered parking options, intended to expand the property’s amenity and tenant parking offering.

Key Highlights

• 21‑unit Class‑A apartment community built in 2020 in Sherman, TX
• 100% two‑bedroom unit mix
• Premium interior finish‑out

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FAQs

What type of property is this?

Apartment building - A 21-unit Class-A community built in 2020, featuring a 100% two-bedroom unit mix and premium interior finishes.

Where is this apartment building located?

The property is located at 1420 Park Pl Sherman, TX.

What are key features of this property?

This property features: 21‑unit Class‑A apartment community built in 2020 in Sherman, TX; 100% two‑bedroom unit mix; Premium interior finish‑out