About 1434 16th
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.
Features of 1434 16th
| MLS® # | 20529445 |
|---|---|
| Price | $4,250,000 |
| Bedrooms | 2 |
| Bathrooms | 0.00 |
| Full Baths | 1 |
| Acres | 5.38 |
| Year Built | 2023 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 1434 16th |
|---|---|
| Subdivision | None |
| City | Mount Pleasant |
| County | Titus |
| State | TX |
| Zip Code | 75455 |
Amenities
| Utilities | City Sewer, City Water, Electricity Connected, Master Water Meter |
|---|---|
| Parking Spaces | 100 |
| Garages | Common |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cable TV Available |
|---|---|
| Heating | Central, Electric |
| Fireplace | No |
Exterior
| Roof | Composition, Metal |
|---|---|
| Construction | Siding |
| Foundation | Slab |
School Information
| District | Mount Pleasant ISD |
|---|---|
| Middle | Wallace |
| High | Mount Pleasant |
Listing Details
| Agent | Brad Buchanan |
|---|---|
| Office | Lighthouse Realty |
| Contact Info | 903-573-2324 |