$4,250,000
5.38± Acres
Active
Titus County, TX

1434 16th, Mount Pleasant, Texas

MLS ID: 20529445
Status: Active
Price: $4,250,000
Acres: 5.38±
Type: Apartment, Residential
Address: 1434 16th
City, State: Mount Pleasant, TX
County: Titus County
ZIP Code: 75455
Parcel Number: 12063
Bedrooms: 2
Year Built: 2023

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.

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

Additional Information

Interior

Appliances: Electric Range
Bathrooms Full: 1
Building Area Total: 38,408
Cooling (Yes/no): Yes
Cooling: Central Air, Electric
Flooring: Laminate
Heating (Yes/no): Yes
Heating: Central, Electric
Interior Features: Cable TV

Exterior

Foundation Details: Slab
Lot Size Area: 5
Lot Size Square Feet: 234,266
Parking Features: Common
Parking Total: 100
Roof: Composition, Metal
Water Source: Public

Financial/HOA/Schools

Elementary School District: Mount Pleasant ISD
Middle School: Wallace
Middle School District: Mount Pleasant ISD
High School: Mount Pleasant
High School District: Mount Pleasant ISD
Everette Newland

Everette Newland

Denton, Texas

(940) 390-3410

Interested? Contact Us Today About This Listing

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of June 15, 2024 at 12:00:00 AM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: June 15, 2024 at 12:00:00 AM UTC

Listed By: Brad Buchanan of Buchanan Realty