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1434 16th Mount Pleasant, TX $ 4,250,000
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$ 4,250,000 Get more info
1434 16th
$ 4,250,000
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1434 16th

Mount Pleasant, TX, 75455
$ 4,250,000
Bedrooms48 Baths48.0

Monthly Estimate*

$ 28,247

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Multi-Family Home for sale in Mount Pleasant, TX

for $4,250,000 with 48 bedrooms and 48 full baths. This home was built in 2023 on a lot size of 5.378.

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.

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Multi-Family Active

Price

$ 4,250,000

Bedrooms

48

Full Bath

48

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

5.378

Year Built

2023

Town/City

Mount Pleasant

County/Region

Titus

MLS | Web ID

20529445
Features
Interior
Interior Features Cable TV Available
Flooring Laminate
Total Units 48
Full Baths 1
Total Bedrooms 2
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General
Heating Central Electric
Complex Name Heritage Apartments
Cooling Central Air Electric
Utilities City Sewer City Water Electricity Connected Master Water Meter
Possession Closing/Funding
Roof Composition Metal
Appliances Electric Range
School District Mount Pleasant ISD
Pool Y/N 0
Year Built 2023
Levels Multi/Split
Property SubType Apartment
Subdivision Name None
County Titus
Property Type Residential Income
Construction Materials Siding
Year Built Details Preowned
HOA Type None
# of Buildings 5
Status Active
Directions From I-30 E take exit 160 onto US-271 turn right on W Ferguson Rd left on W 16th property on the left before Heritage Park
City Mount Pleasant
Buyer Agent Compensation 2.5
High School Mount Pleasant
Street Name 16th
Standard Status Active
Junior High School Mount Pleasant
Buyer Agent Compensation Type %
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Exterior
Parking Features Common
Foundation Slab
Building Area Total 38408.00
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Internal Only
Street Number 1 1434
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* Excluded Features
List By
Brad Buchanan

Listing Agent

Lighthouse Realty

Broker

Affordability Calculator

$28,247
Per Month
100%
0%
0%
Monthly Principal & Interest
$28,247
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
526582 Elementary School
3672472 Middle School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/6/2024$4,250,000 Listed Price

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1434 16th, Mount Pleasant, TX, 75455 is a Multi-Family Home for sale at $4,250,000 with a lot size of 5.378. 1434 16th has 48 bedrooms, 48.0 baths, and was built in 2023. The property's zip code is 75455 which is in Mount Pleasant, TX

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