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Paris, Texas Multifamily Property
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625 Bonham St, Paris, TX 75460

16-unit multifamily property with recent renovations in Paris, Texas.

Property Size15,625 SF
Lot Size0.71 Acres
Days on Market194

Property Features for 625 Bonham St

General Information

Standard status Active
Size 15,625 SF
Lot size 0.71 Acres
Property subtype Multifamily, Note/Loan
Listing Agency: Rhenium Capital
Listed By: Andre Cuadrado · License #FL BK3287912
Source: Crexi
Added: Feb 23 Changed: Aug 14 Last Checked: Sep 2 at 3:23PM

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 Rhenium Capital

Investment Insights

Based on property information with market context.

The offering is a first-lien non-performing mortgage loan secured by a 16-unit multifamily property located on Bonham Street in Paris, Texas. Constructed in 1920, the two-story, wood-frame building underwent interior renovations in 2023 totaling approximately $472,655. Renovations included new flooring, paint, appliances, and upgraded fixtures. The property is situated on 0.714 acres and has 12,975 square feet of net rentable area and 15,625 square feet of gross building area. The asset is zoned Commercial District (C) and located along Bonham Street / U.S. 82 Business with average visibility and access. The unit mix includes 7 studio units (625 SF), 6 one-bedroom / one-bath units (815 SF), 1 two-bedroom / one-bath unit (1,100 SF), and 2 three-bedroom / one-bath units (1,260–1,350 SF).

Key Highlights

  • First‑lien non‑performing mortgage loan secured by a 16‑unit multifamily property.
  • Full interior renovations completed in 2023 at a cost of approximately $472,655 ($29,541 per unit).**
  • Located in Paris, Texas at 625–637 Bonham Street.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Dental Office (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

653
Businesses Nearby

Demographics for 75460, TX

22,925
Population
11,210
Households
2
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
101.9 sq mi
ZIP Area
225
Density / Sq Mi
$44,241
Median Household Income
$30,546
Median Earnings
$895
Median Rent
$123,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 16-unit multifamily property with recent renovations in Paris, Texas.
Where is this apartment building located?
The property is located at 625 Bonham St Paris, TX.
What are key features of this property?
This property features: First‑lien non‑performing mortgage loan secured by a 16‑unit multifamily property.; Full interior renovations completed in 2023 at a cost of approximately $472,655 ($29,541 per unit).**; Located in Paris, Texas at 625–637 Bonham Street.
More about this property
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