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1507 Pine St , Bonham TX 75418

  • $1,900,000
  • 14705187
  • Property ID
  • Multi-Family
  • Property Type
  • 21404

Overview

Property ID: 14705187
  • 14705187
  • Property ID
  • Multi-Family
  • Property Type
  • 21404

Description

MLS ID: 14705187

 

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.

 

Listing by: Weichert Realtors-Solid Ground, JAMES SIMPSON

Address

  • Address 1507 Pine St
  • City Bonham
  • State/county TX
  • Zip/Postal Code 75418
  • Country US

Details

Updated on May 20, 2022 at 8:10 pm
  • Property ID: 14705187
  • Price: $1,900,000
  • Property Size: 21404
  • Property Type: Multi-Family
  • Property Status: ACT

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