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.
Listed By
Agency Name: Luxe Estates Realty, LLC
Agency Contact: 469-831-6893
Agent Name: Richard Guilliams
Shown By
Agent Name: Tom Hooker
Agent Phone: (254) 723-7237
Agency Title: Kelly, Realtors
Estimated Payment
$ 5,034.44 per month $4,451.11 Principal & Interest $0.00 Property Tax (data not provided by mls) $583.33 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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196 W 17th Street | MLS# 21333929
This multi-family property located at 196 W 17th Street , Mount Pleasant, TX 75455 is currently listed for sale with an asking price of $1,999,990. W 17th Street is located within the Mount Pleasant ISD school district. Search Mount Pleasant real estate on tomhooker.kellyrealtors.com today.