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400-414 E 7th St
Bonham, TX 75418

$2,600,000 USD

Apartments For Sale • 22,680 SF

Property Details

Property Type Apartments
Total Building Size 22,680 SF
Lot Size 2.38 AC
Building Class B
Year Built 2024
Cap Rate 9.12 %
Zoning Residential

0 Transit Score

52 Walk Score

                
                    Highlights
                
                                RARE- Tax Free Opportunity Zone
                            
                                Seven 2024 Construction Duplexes (14 Units)
                            
                                In-Unit Washer and Dryers 
                            
                                Private Yards - Fenced
                            
                                Units Include Stainless Steel Energy Star Appliances
                            
                                Walking Distance to Downtown Bonham

Property Flyers

400-414 E 7th Brochure112025

Financial Summary (Proforma)

Net Operating Income: $231,345 USD (2025)

Cap Rate:	9.12 %
Total Expenses:	$48,555 USD

Amenities

Air Conditioning
Dishwasher
Washer/Dryer
Heating
Ceiling Fans
Kitchen
Hardwood Floors
Stainless Steel Appliances
Range
Tub/Shower
Yard
Island Kitchen

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Covered
Included in Rent:	Yes

Marilyn Kittrell MKittrell Properties, Inc

400-414 E 7th St Bonham, TX 75418