Sherman Park Apartments

Location: Sherman, TX
Size: 273 Units
Type: Apartment Complex – Under Construction

Sherman Park is a market-rate apartment community of 273 units on a 10-acre site in Sherman, Texas. The complex, which is currently under construction, will feature 19 three-story buildings with brick and stucco exteriors and a shingle roof. An estimated 4,000 square foot clubhouse will offer a fitness center, business center, library, game room, and community room. The grounds include a pool, walking trail, and picnic areas. Rainier made this investment in 2023 as preferred equity with a local multifamily operator.