Property
Beds
24
Full Baths
18
1/2 Baths
8
Year Built
2024
Sq.Footage
12,000
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.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Kitchen Island, Open Floorplan, High Speed Internet
-
Total Bedrooms
24
-
Bathrooms
18
-
1/2 Bathrooms
8
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Other
-
Parking
Direct Access, Driveway, Enclosed, Garage, Garage Door Opener, Garage Faces Rear, Attached
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.16
-
Lot Size(square feet)
6,969
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$1,999,990
-
Sq. Footage
12,000
-
Price/SqFt
$166
HOA
-
Association
No
School District
-
Elementary School
Vivian Fowler
-
Middle School
Wallace
-
High School
Mount Pleasant
Property Features
-
New Construction
YES
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
1
-
Water Source
Public
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Location
County
Titus
Elementary School
Vivian Fowler
Middle School
Wallace
High School
Mount Pleasant
Listing Courtesy of Richard Guilliams, Luxe Estates Realty, LLC
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AGENT
Joe Boston
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