3251 Recreational Road 3

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3251 Recreational Road 3

Bonham, TX 75418
Asking Price
$699K
Asset Type
Flex Industrial
Class
Class B

What's Special

Fully Improved 3.57 Acres Concrete Yard - Ideal for Outdoor Storage, Contractor Use or Redevelopment <p>• 3.57 Acres of Fully Concrete-Covered Yard</p><p>• Existing Storage Structures Provide Immediate Income Potential</p><p>• Ideal for Outdoor Storage (IOS), Contractor Yard, Fleet Storage, or Equipment Storage</p><p>• Significant Excess Land for Expansion or Reconfiguration</p><p>• Easy Access and Functional Layout for Large Vehicles</p><p>• Utilities On Site (verify specifics)</p><p>• Flexible Exit Strategies: Lease-Up, Redevelopment, or Owner-User</p><p>• Located in a Growing Market with Inc

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NOI
$80,000
Cap Rate
11.44%
DSCR
1.93
Strong
Cash-on-Cash
18.36%
Monthly Payment
$3,458.271
Annual Cash Flow
$38,500.753

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