302 E 11th St - Apartments FOR SALE


Mount Pleasant, TX 75455
$218,000 USD
903-466-6983
302 E 11th St, Mount Pleasant, TX for Sale
$218,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

302 E 11th St
Mount Pleasant, TX 75455


HIGHLIGHTS

  • Great investment opportunity
  • One mile to interstate 30
  • Close proximity to amenities such as shopping a food.

OVERVIEW

Located in a prime area near the heart of Mt. Pleasant, TX, this property offers a fantastic opportunity for investors. Comprising four income-producing units, this property is currently 75% leased, providing immediate rental income. With the potential to fully occupy the remaining unit(s), your rental income could help cover your mortgage, making it an ideal addition to any portfolio. Mt. Pleasant is a thriving city in the northeastern part of Texas, known for its rich history and friendly community. The city is home to a growing economy with diverse industries including manufacturing, healthcare, and retail, providing a steady demand for rental properties. With its convenient location along major highways, residents enjoy easy access to both nearby towns and metropolitan areas. This property offers the perfect balance of steady income and long-term growth potential in a city that is seeing increased interest from investors.

FOR SALE DETAILS

PRICE

$218,000 USD

PRICE/SF

$105 USD /SF

# OF UNITS

4

PRICE/UNIT

$54,500

CAP RATE

Request Cap Rate

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,037 SF

ZONING

-

APN/PARCEL ID

103339,10901

ASK ABOUT THIS PROPERTY

Charlotte JohnsonRedfearn Real Estate CompanyMore Info
903-466-6983

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Charlotte JohnsonRedfearn Real Estate CompanyMore Info
903-466-6983

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.