3664 N State Highway 78, Bonham

OWNER FINANCING AVAILABLE w DEFERRED PAYMENTS! This is a fantastic new park in Bonham, TX just 2 minutes from Lake Bonham! Owners will be retaining and subdividing out a very small section to maintain their current fireworks stand and small roofing business office. This property is 2 parcels totaling 13.5 acres. Directly off the highway, you will find 37 completed asphalt RV spots with individual electric meters, wiring to each for private Wi-Fi, a wifi tower owned by the park, 23 spots planned and primarily paid for to the left of the completed 37 spots. Owner has purchased the big ticket items for those spots and the dirt work just needs to be done. Owner is building a laundry facility on-site with showers and a kitchen for the community. There is a large fishing pond and additional acreage to add yet another 60 spots for a total of 120! Projected income is stated in the listing for 37 spots. Proforma 60 Spots NOI is $307,714.29 1st year. Proforma 120 spots NOI is $615,428.00!