3664 N State Highway 78, Bonham, Texas 75418

TX, Bonham
$2,100,000
  • 13.59 Acre
  • Commercial Sale Property Type
  • 2023 Year Built
  • Expired Status
Steven M
Steven M Realtyna
  • 112-345-768
  • Support@Realtyna.com
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
Property 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!

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 20385979
  • Price: $2,100,000
  • Year Built: 2023
  • Lot Area: 13.59 Acre
  • Listing Status: Expired
  • Office Name: Call It Closed Realty
  • Agent Name: Melanie White
  • Property Sub Type: Business
  • Roof: Other
Features
  • Heating System Other
  • Cooling System Other
  • Parking Driveway,Other,Oversized,Asphalt,Guest,Open,Drive Through,RV Access/Parking
  • Utilities Electricity Available,Water Available,Electricity Connected,Underground Utilities,Septic Available
  • Flooring Other
  • Sewer Septic Tank,Aerobic Septic
Address Map
  • Country US
  • State TX
  • County Fannin
  • City Bonham
  • Zipcode 75418
  • Street: State Highway 78
  • Street Number: 3664
  • Longitude: W97° 49' 19.1''
  • Latitude: N33° 39' 2.6''
  • Directions: Take 78 North 32.8 mi. to Hwy 160 N., Turn right onto TX-121 N., 17.9 mi., Turn left onto N Texas State Hwy 121 0.6 mi. Continue on TX-121 N. Drive to S State Hwy 78 N 7 min (4.9 mi) Continue straight onto TX-121 N follow TX-121 N 3.5 mi Slight left onto S State Hwy 78 N 1.4 mi.,
  • Street Dir Prefix: N
Additional Information
  • Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20385979
  • Water Body Name: Bonham
  • Water Source: Well
  • Building Size: 1440
  • Business Type: Residential,Mobile/Trailer Park
  • Community Features: Curbs
  • Construction Materials: Other
  • Foundation Details: Slab,Concrete Perimeter,Other
  • Lot Features: Cleared,Acreage,Other,Few Trees,Pasture,Pond
  • Number Of Units Total: 60
  • Stories Total: 1
Financial
  • Tax Annual Amount: 3167.0
Listing Information
  • List Agent Mls Id: 0752354
  • List Office Mls Id: CICR01
  • Listing Term: Cash,Conventional,1031 Exchange,Owner Will Carry,Other,Private Financing Available
  • Mls Status: Expired
  • Modification Timestamp: 2024-07-20T05:11:54Z
  • Originating System Name: NTR
  • Special Listing Conditions: Standard,Builder Owned
  • Status Change Timestamp: 2024-07-20T00:11:15Z
MLS On The Fly

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