tomo logo

$4,000,000

Beds
2
Baths
1.0
sq ft
Unknown

1434 W 16th St, Mount Pleasant, TX 75455

1434 W 16th St

Mount Pleasant, TX 75455

  • 423 days on market
    • Price drop $250,000↓
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.

Details

Property type

Apartment

Lot size

5.378 acres

Price per sq ft

Unknown

Year built

2023

Price History

03/17/2025
NTREIS

NTREIS #20529445

Price change
$4,000,000
-5.88%
03/06/2025
NTREIS

NTREIS #20529445

Listed
$4,250,000
07/19/2024
NTREIS

NTREIS #20529445

Pending
$4,250,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Wallace

High school: 

Mount Pleasant

School district: 

Mount Pleasant ISD

Status: Active

Tomo last checked: 04/04/2025 at 3:00 PM

Listing updated: 03/17/2025 at 8:37 AM

Listed by: Brad Buchanan, Buchanan Realty Phone #: (903) 573-2324

MLS: NTREIS #20529445

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