400-414 E 7th St, Bonham, TX

400 East 7th Street Bonham, TX 75418

400 East 7th Street, Bonham, TX, 75418
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$3,990,000
Last Verified:
Jan 24, 2025

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Highlights

  • 7 Building Duplex Complex
  • New Construction Completed 2024
  • Prime Location in Far North Dallas

Description

7 Building Duplex complex - Located in Opportunity Zone. Pricing for entire project or individual 2 unit building sales will be considered. New construction completed July 2024. Each unit is 2 story, 3 bed, 2.5 bath, 1400sf. Photos accurately depict finish out. Fully equipped with stainless steel Energy Star appliances, including refrigerator and washer/dryer. Located in Opportunity Zone in the heart of Bonham, TX. A stones throw from city center, city hall, the police station, fire station, and school district. Within commuting distance (20-30 min) of Texas Instruments $30 billion dollar semiconductor manufacturing campus, Global Wafers $5 billion silicon wafer factory, and Texas’ newest lake - Bois D'Arc Lake. Located along the path of development for both Hwy 75 and Hwy 78, Bonham is less than an hour from Lake Texoma and the State of Oklahoma. Project completed summer of 2024 and anticipate fully leased by summer of 2025, if not sooner.

Located in Opportunity Zone in the heart of Bonham, TX. Short distance from city center, city hall, police station, fire station, and school district. Within commuting distance (20-30 min) of Texas Instruments $30 billion dollar semiconductor manufacturing campus, Global Wafers $5 billion silicon wafer factory, and Texas’ newest lake - Bois D'Arc Lake. Located along the path of development for both Hwy 75 and Hwy 78, Bonham is less than an hour from Lake Texoma and the State of Oklahoma.


Year Built: 2024
Building Size: 2800sq ft
Lot Size: 1.53 acres

Map of 400 East 7th Street, Bonham, TX, 75418

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.