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Mt Pleasant, TX 75455
  • 24 Beds
  • 26 Baths
  • 12,000 sqft
$1,999,990

About this home

8.42% Cap Rate - 100% Leased 8 New Construction Quality Build Townhouses! Rare opportunity to acquire a newly constructed eight-unit townhome investment portfolio in Mount Pleasant, Texas. Investment portfolio consisting of eight attached townhome units, each with its own address, being offered and sold as one complete package.

Built in 2024, each thoughtfully designed residence features approximately 1,500 square feet with 3 bedrooms, 2.5 bathrooms, an attached one-car garage, an additional parking space, and a Low-maintenance fenced backyard.

All eight units are currently income-producing, with seven leased to long-term tenants and one operating as a successful Airbnb, providing immediate cash flow and diversified income potential. Whether you're expanding an existing rental portfolio, completing a 1031 exchange, or seeking a turnkey income-producing investment, this unique offering delivers immediate cash flow with long-term appreciation potential and future investment flexibility.

Ideally located just minutes from CHRISTUS Health – Mount Pleasant Hospital, the recently opened CHRISTUS Health Mount Pleasant Emergency Care Center and multispecialty clinic, shopping, restaurants, schools, and major employers, Mount Pleasant serves as the commercial and healthcare hub of Northeast Texas. The nearby expansion of CHRISTUS Health further strengthens the area's long-term employment base and supports consistent rental demand from healthcare professionals, local residents, and area employers.

Constructed in 2024, this portfolio offers investors the benefits of newer construction, modern finishes, and reduced near-term capital expenditures compared to older multifamily properties.
Property is being offered for sale as one complete investment portfolio. Rent roll, lease information, Airbnb performance, and financial information are available to qualified buyers upon request.

Overview

Full Baths
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Half Baths
8
Bathrooms
26
Bedrooms
24
Building Area
12000
Levels
Two
Living Area
12000
Lot Size (Acres)
0.61
Property Subtype
Multiple Parcels
Property Type
Residential Income
Status
Active
Year Built
2024

Interior

Appliances
Some Gas Appliances, Built-In Gas Range, Dishwasher, Disposal, Gas Water Heater, Microwave, Plumbed For Gas, Refrigerator
Cooling
Central Air, Ceiling Fan(s), Electric
Fireplaces
0
Flooring
Luxury Vinyl Plank
Heating
Central, Natural Gas
Interior Features
Decorative/Designer Lighting Fixtures, Eat-in Kitchen, High Speed Internet, Kitchen Island, Open Floorplan, Cable TV

Exterior & Construction

Construction
Brick, Other
Foundation
Slab
Roof
Shingle

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Mt Pleasant
County
Titus
School District
Mount Pleasant ISD
ZIP Code
75455
State
TX
Subdivision
Ford Highlands Add

Financial

Price
1999990

Utilities

Sewer
Public Sewer
Utilities
Natural Gas Available, Other, Sewer Available, Separate Meters, Water Available, Cable Available

Listing Details

Listing Agent
Richard Guilliams
Listing Office
Luxe Estates Realty, LLC
MLS #
21333929
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21333929

Listing agents

Listing AgentRichard GuilliamsLuxe Estates Realty, LLC

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