$1,900,000
Accepting Backup Offers

1507 Pine St Street

Bonham, TX 75418
21404 sqft | #14705187
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Description

Investor Special Newly acquired apartment complex that currently has 100% occupancy with 23 tenants. Owner is in the process of installing 23 water meters that will allow the ability to have every tenant pay their own water. This alone will increase monthly rental by approximately $1320 and increase the cape rate to approximately 8% on this investment. Property also includes a metal work shop or maintenance building for storing equipment. These properties typically move very fast so contact your agent today.

  • Interior Details
    • Interior Features
      • Interior:Cable TV Available, High Speed Internet Available, Other
  • Property Details
    • Property
      • Lot description:Acreage
    • Measurements
      • Acres:3.9000
      • Square Feet:21404.00
  • Construction Details
    • Type & Style
      • Property type:Investment
    • Condition
      • Year built:1996
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Utility features:City Sewer, City Water
  • Community and Neighborhood Details
    • Location
      • Elementary School:Evans
      • Middle School:Rather
      • High School:Bonham
      • County:Fannin
    • Community
      • Subdivision:None
  • Other
    • Source
      • MLS #:14705187

Location

Legal

© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Alison Southern Ullom shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

Last Updated: . Source: NTREIS

Listing Courtesy
Listing Agent: JAMES SIMPSON (#0467533), Phone: (903) 583-4900
Listing Office: Weichert Realtors-Solid Ground (#SOLI00TO)

Alison Southern UllomReal Estate Group
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    © 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Alison Southern Ullom shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright

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