The result may often be coherent at the sentence level if the edits are normal human edits, but often will not be at the whole-document level.
For a simplistic example, if one person changes a frequently-used term throughout the document, and another person uses the old term in a bunch of places when writing new content, the document will be semantically inconsistent, even though all users made semantically consistent changes and are now seeing the same eventually-consistent document.
For a contrived example of local inconsistency, consider the phrase "James had a bass on his wall." Alice rewrites this to "James had a bass on his wall, a trophy from his fishing trip last summer," and Brianna separately chooses "James, being musically inclined, had hung his favorite bass on his wall." The CRDT dutifully applies both edits, and resolves this as: "James, being musically inclined, had hung his favorite bass on his wall, a trophy from his fishing trip last summer."
In nearly any system, semantic data is not completely represented by any available data model. Any automatic conflict-resolution model, no matter how smart, can lead to semantically-nonsensical merges.
CRDTs are very very cool. Too often, though, people think that they can substitute for manual review and conflict resolution.