Mount Pleasant, TX 75455,1434 16th
Mount Pleasant, TX 75455,1434 16th
Mount Pleasant, TX 75455,1434 16th
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$4,250,000
Est. payment /mo
2 Beds
1 Bath
5.38 Acres Lot

UPDATED:

09/06/2024 06:06 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 20529445

Bedrooms 2

Full Baths 1

HOA Y/N None

Total Fin. Sqft 38408

Year Built 2023

Lot Size 5.378 Acres

Acres 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

Direction 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

Interior

Interior Features Cable TV Available

Heating Central, Electric

Cooling Central Air, Electric

Flooring Laminate

Appliance Electric Range

Heat Source Central, Electric

Exterior

Utilities Available City Sewer, City Water, Electricity Connected, Master Water Meter

Roof Type Composition,Metal

Garage No

Building

Story Multi/Split

Foundation Slab

Level or Stories Multi/Split

Structure Type Siding

Schools

Middle Schools Wallace

High Schools Mount Pleasant

School District Mount Pleasant Isd

Others

Ownership PBH & JBM Investments LLC

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Read Less Info
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Brad Buchanan • Buchanan Realty

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Ashton Cherry

Owner & Associate Broker | License ID: 0619201

+1(469) 925-8831

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1434 16th