Price Reduction - New Construction - Eco Friendly
Address
6869 Sh-121 Highway, Bonham, TX
Price
$ 2,750,000
Property Attributes
- MLS#20497154
- TypeCommercial
- CountyFANNIN
- CityBonham
- Zip75418
- StyleBusiness
- Price$ 2,750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size8.25 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Incredible investment opportunity. This area is booming. Highly sought after SH-121 frontage. Warrior Creek RV Park is new construction and has 37 beautiful parking spots PLUS 2 apartments ready to Airbnb or STR. 1 apt. is currently used to house the park host. Every spot has 20A, 30A, and 50 Amp hookups along with water and sewer. WiFi throughout the park. Brand new pavilion with showers, laundry, office area, and a brand-new 1 bdrm efficiency apartment. Park has beautiful mature trees that provide shaded parking throughout, Warrior Creek RV has a wonderful live-in park host. Plenty room to expand increasing ROI. Future plans had been for building commercial leases across the front of the property with plenty of 121 frontage. New lakes in the area. Only minutes from shopping and the conveniences of the metroplex, but still has a quiet, country peaceful-living feel. Only 8.5 miles from Bonham Walmart. This park stays around 85-90% full with full-time residents.
| Price History | |
|---|---|
| 1/5/2024 | Listed $3,200,000 |
| 4/9/2024 | 15% - $2,750,000 |
General Features
| Heating | Central,Electric,ENERGY STAR Qualified Equipment,Propane |
|---|---|
| Cooling | Ceiling Fan(s),Central Air,Electric,ENERGY STAR Qualified Equipment,Multi Units,Wall Unit(s) |
| Utilities | Aerobic Septic,All Weather Road,City Water,Electricity Connected,Gravel/Rock,Outside City Limits,Phone Available,Propane,Rural Water District,Septic,Underground Utilities |
| Ceiling Height | 11 to 14 Feet |
| Possession | Closing/Funding |
| Roof | Metal |
| Exclusions | ZTR lawn mower |
| Year Built | 2021 |
| Tenant Pays | Parking Fee |
| Business Type | Commercial,Hospitality,Laundromat,Mobile/Trailer Park,Real Estate,Rental,Residential,Travel,Other |
| Business Name | Warrior Creek RV Park |
| Building Use | Laundromat,Office,Other |
| Owner Pays | All Utilities,Cable TV,Common Area Maintenance,Electricity,Grounds Care,Insurance,Management,Pest Control,Taxes,Trash Collection,Water |
| Will Subdivide | No |
| Gross Annual Expenses | 0.00 |
| Property SubType | Business |
| Subdivision Name | no |
| Zoning Description | none |
| Occupant Type | Tenant |
| Occupant Name | Judy Teller |
| County | Fannin |
| Operating Expense Includes | Accounting,Capital Improvements,Insurance,Maintenance,Maintenance Grounds,Maintenance Structure,Manager,Mortgage/Loans,Pest Control,Supplies,Trash,Utilities,Water/Sewer,Other |
| Property Type | Commercial Sale |
| Security Features | Burglar,Smoke Detector(s) |
| Construction Materials | Frame,Metal Siding,Siding,Steel Siding,Wood |
| Year Built Details | New Construction - Complete |
| Number Of Leaseable Spaces | 39 |
| Special Notes | Aerial Photo,Owner/ Agent |
| Green Landscaping | Native Landscape |
| Status | Active |
| Directions | From Bonham take SH-121 S approximately 8 miles toward Trenton. Just before HWY 11 at Randolph,property will be on the left-south side. From HWY 75 in McKinney take SH-121 toward Bonham 24 miles. 1 |
| City | Bonham |
| Buyer Agent Compensation | 2 |
| Street Name | SH-121 |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20497154 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Concrete |
|---|---|
| Occupancy Rate | 90 |
| Total Stories | 1 |
| Total Units | 40 |
| SQFT Gross | 359370 |
| Lock Box Type | None |
| Street Suffix | Highway |
Exterior Features
| Lot Features | Acreage,Cleared,Many Trees,Tank/ Pond |
|---|---|
| Lot Size Source | Public Records |
| Parking Features | Garage Single Door,Additional Parking,Assigned,Circular Driveway,Common,Community Structure,Driveway,Parking Pad,RV Access/Parking |
| Lot Size | 5 to < 10 Acres |
| Foundation | Slab |
| Lot Size Area | 8.2500 |
| Lot Size Units | Acres |
| Construction Materials Walls | Metal |
| Building Area Total | 1840.00 |
| Road Frontage Type | Highway,State Road |
| Lot Size Square Feet | 359370.0000 |
| Lot Size Acres | 8.2500 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 75418
Price
Visits
Year Built
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