Willow St Bonham, TX 75418
- Apartment buildings
- 1,568 SF
- 0.27 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 0 Willow St
- Year built
- 2024
- Lot size
- 0.27 lot acres
- Property size
- 1,568 SF
- Property type
- Apartment buildings
Description
This exceptional 2-unit apartment building, constructed in 2024, presents a compelling investment opportunity in Bonham, Texas. Located on Willow Street, this property boasts a total of 1,568 square feet situated on a 0.266-acre lot. The building features a single story and comprises two units, each currently leased at $1,050 per month, generating a substantial net operating income (NOI) of $19,532. Ample parking is available with four spaces, two designated for each unit. The property's asking price is $285,000, translating to a price per square foot of $182. The units are equipped with electric heating. This turnkey investment is ideal for those seeking immediate income generation. The property's address is 1011 #1, 1011 #2 Willow Street, Bonham, TX 75418, and its APN is 83555. A virtual tour is available online. This property is located in Fannin County. The subdivision is A1018-JP SIMPSON.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bonham
- County
- Fannin
- State
- Texas
- Longitude
- -96.1803
- Latitude
- 33.5809
