811 Graham Drive
- The shovel-ready project is sold with 4.88 acres of land, a 20-year Franchise License with Marriott, Architectural Plans, and Building Permits from the City of Sherman
- 119 guestrooms across 5 floors
- Total building size of 81,618 SF
- The parcel includes room for an additional 70-85 room hotel
- Excellent location off Highway 75 and surrounded by a variety of restaurants and retailers
- Prime location in between Denison and Sherman (industrial & manufacturing hubs)
- 40 miles north of the Dallas-Fort Worth Metroplex
- 23 miles south of Choctaw Casino & Resort (Durant, OK)
- Guest amenities include a fitness center, hot breakfast, bar, outdoor spaces, swimming pool, free Wi-Fi, free parking, dry cleaning and on-site laundry, private meeting spaces, and event center
Property Description
Tabani Realty is pleased to present the development opportunity of the Residence Inn and convention center in rapidly expanding, Sherman, Texas. The shovel-ready project includes 4.88 acres of land, a 20-year Franchise License with Marriott, Architectural Plans, and Building Permits from the City of Sherman. The Residence Inn by Marriott is an extended-stay hotel strategically situated between the Oklahoma border and the Dallas-Fort Worth Metroplex. Sherman has quickly become a sought-after location for developers as many large companies call Sherman home with the newest being Texas Instruments, announcing their $30 billion semiconductor manufacturing investment to be completed as early as 2025.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| No. of Units: | 119 |
| Lot Size: | 4.88 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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