3664 N State Highway 78, Bonham, Texas 75418

  • $2,100,000
3664 N State Highway 78, Bonham, Texas 75418
For Sale
3664 N State Highway 78, Bonham, Texas 75418
  • $2,100,000

Overview

Property ID: 6811833
  • Commercial Sale
  • Property Type
  • 1440.00
  • Sqft
  • 2023
  • Year Built

Description

OWNER FINANCING AVAILABLE w DEFERRED PAYMENTS! This is a fantastic new park in Bonham, TX just 2 minutes from Lake Bonham! Owners will be retaining and subdividing out a very small section to maintain their current fireworks stand and small roofing business office. This property is 2 parcels totaling 13.5 acres. Directly off the highway, you will find 37 completed asphalt RV spots with individual electric meters, wiring to each for private Wi-Fi, a wifi tower owned by the park, 23 spots planned and primarily paid for to the left of the completed 37 spots. Owner has purchased the big ticket items for those spots and the dirt work just needs to be done. Owner is building a laundry facility on-site with showers and a kitchen for the community. There is a large fishing pond and additional acreage to add yet another 60 spots for a total of 120! Projected income is stated in the listing for 37 spots. Proforma 60 Spots NOI is $307,714.29 1st year. Proforma 120 spots NOI is $615,428.00!

  • Address 3664 N State Highway 78
  • City Bonham
  • State/county Texas
  • Zip/Postal Code 75418
  • Area Wildlife Management
  • Country United States

Details

Updated on July 21, 2023 at 9:46 pm
  • Property ID: 6811833
  • Price: $2,100,000
  • Property Size: 1440.00 Sqft
  • Land Area: 13.5900 Acres
  • Year Built: 2023
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • MLS#: 20385979
  • Office Name: CALL IT CLOSED REALTY
  • Agent Name: Melanie White
  • MLS Status: Active

Additional details

  • Listing Terms: 1031 Exchange,Cash,Conventional,Owner Will Carry,Private Financing Available,Other
  • Roof: Other
  • Utilities: Aerobic Septic,Asphalt,Co-op Electric,Dirt,Electricity Connected,Gravel/Rock,Septic,Underground Utilities,Well
  • Cooling: Other
  • Heating: Other
  • Flooring: Other
  • County: Fannin
  • Property SubType: Business
  • Parking: Asphalt,Drive Through,Driveway,Guest,Open,Oversized,RV Access/Parking,Other

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