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Nonoperational Senior Living Facility
For Sale
Contact for pricing
Pending

1601 Kennedy St, Bonham, TX 75418

Nonoperational 48-room senior living property in Bonham, TX, offered for renovation or redevelopment.

Property SizeContact for details
Days on Market150

Property Features for 1601 Kennedy St

General Information

Standard status Pending
Property subtype Multifamily, Senior Living

Additional Details

Multifamily Units 48
Listing Agency: Beam Real Estate
Listed By: Arunesh Vivekananthan · License #618109
Source: Crexi
Added: Apr 11 Changed: Aug 16 Last Checked: Sep 4 at 1:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beam Real Estate

Investment Insights

Based on property information with market context.

This nonoperational senior living facility consists of 48 rooms and is being offered for sale in its current condition. A new owner may renovate the existing property back to a functional, updated condition, or remove the improvements and pursue redevelopment.

The property is located at 1601 Kennedy St in Bonham, Texas, in a rural area.

Given the building’s nonoperational status, the site is best suited for buyers seeking a renovation or redevelopment project.

Key Highlights

  • Nonoperational 48‑room senior living property in Bonham, TX
  • 48 rooms offered for renovation to revive the senior living homes
  • Redevelopment option: tear down the existing property and build new apartments

Property Analytics

Current Use

Senior Housing / Retirement ...

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Building Supply Hair Salon Real Estate Agency Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

48
Residential units

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby
Under-served
Demand for This Use

Demographics for 75418, TX

14,775
Population
5,704
Households
2.6
Avg Household Size
41
Median Age
19%
College-Educated
86%
High-School Grad
140.8 sq mi
ZIP Area
105
Density / Sq Mi
$61,265
Median Household Income
$37,944
Median Earnings
$1,040
Median Rent
$207,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Senior housing / Retirement Home - Nonoperational 48-room senior living property in Bonham, TX, offered for renovation or redevelopment.
Where is this senior housing / retirement home located?
The property is located at 1601 Kennedy St Bonham, TX.
What are key features of this property?
This property features: Nonoperational 48‑room senior living property in Bonham, TX; 48 rooms offered for renovation to revive the senior living homes; Redevelopment option: tear down the existing property and build new apartments
More about this property
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