$ 4,250,000
1434 16th St Mt Pleasant, TX 75455
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$ 4,250,000
Est. payment | /mo
5.38 Acres Lot
$ 4,250,000
Est. payment | /mo
5.38 Acres Lot
Key Details
Property Type Single Family Home
Sub Type Building
Listing Status Pending
Purchase Type For Sale
Subdivision Tx
MLS Listing ID 24001624
Lot Size 5.378 Acres
Acres 5.378
Lot Dimensions 5.378
Property Description
I'm pleased to present the exclusive offering of Heritage Apartments, a unique, turn-key opportunity in Mount Pleasant, Texas. The property consists of 48 total units averaging 800 square feet. With 16 units constructed in 2023, 16 units constructed in 2021, and 16 units constructed in 2022 (all exterior have been remodeled and 7 interior have been remodeled). Heritage apartments all have the same two bedroom, 1 bathroom floorplan. All units have individual HVACs and electric hot water heaters. The property is currently 100% occupied. Plus. an oversized laundromat with owned washers and dryers for additional income.
Location
State TX
County Titus
Area Titus
Zoning Multi Family Dwelling
Interior
Heating Central Electric
Cooling Central Electric
Exterior
Waterfront No
View Y/N No
Building
Sewer Public Sewer
Others
Miscellaneous Inside Storage,Fire Sprinkler System,Other/See Remarks
Acceptable Financing Conventional, Must Qualify, Cash
Listing Terms Conventional, Must Qualify, Cash
Listed by Brad Buchanan • Buchanan Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "