803 S 6th St - Apartments FOR SALE


Bonham, TX 75418
$399,900 USD
713-922-2702
803 S 6th St, Bonham, TX for Sale
$399,900 USD
Apartments - FOR SALE
1/19
null | 5.56% Cap Rate

803 S 6th St
Bonham, TX 75418


HIGHLIGHTS

  • 100% Leased Duplex to long term tenants
  • Property Management in place.
  • Low Tax rate 1.93% and No HOA
  • Strong Documented performance
  • 5.99% Financing through Preferred Lender in February

OVERVIEW

100% leased turnkey duplex in Bonham with a documented rock-solid performance. Built in 2022, this fantastic opportunity is located in a thriving suburban area northeast of the Dallas-Fort Worth Metroplex. With the area’s rapid growth, this property is a wise, turnkey investment. Both units feature 3 Bedrooms, 2.5 Bathrooms, 1 Car front-entry garage, vinyl plank wood-look flooring throughout, granite kitchen countertops, stainless steel kitchen appliances, plus a private fenced backyard and landscaped yard. The property has gutters and an irrigation system. Professional property management is in place at a favorable 5% rate. Long-term tenants have been in place since 2022 and 2023, respectively, with current leases running through December 2025.

FOR SALE DETAILS

PRICE

$399,900 USD

PRICE/SF

$154 USD /SF

# OF UNITS

2

PRICE/UNIT

$199,950

CAP RATE

5.56%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

100% Leased DFW Turnkey Duplex

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

-

APN/PARCEL ID

93825

ASK ABOUT THIS PROPERTY

Erion ShehajSignature Real EstateMore Info
713-922-2702

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Erion ShehajSignature Real EstateMore Info
713-922-2702

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.