196 W 17th St

Mount Pleasant, TX 75455
  • $1,999,990

    Price
  • 24

    Bed
  • 22

    Bath
  • 12,000

    SqFt

About the Listing RGRTY01 - 0598248

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.

Listing Highlights

Status Active
Days on Site 22
Property Type Multi-Family
MLS ® 21333929
Year Built 2024
Total Square Footage 12,000
Lot/Acreage 0.16
County Titus
School District Mount Pleasant ISD
Elementary School Vivian Fowler
Middle School Wallace
High School Mount Pleasant

Interior Details

  • Bedrooms: 24
  • Bathrooms: 18 Full / 8 Half
  • Appliances: Built-in Gas Range, Dishwasher, Disposal, Gas Water Heater, Microwave, Plumbed For Gas in Kitchen, Refrigerator
  • Air Cond: Ceiling Fan(s),Central Air,Electric
  • Heating: Central,Natural Gas
  • Fireplaces:
  • Floor: Luxury Vinyl Plank
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Cable TV Available,Decorative Lighting,Eat-in Kitchen,High Speed Internet Available,Kitchen Island,Open Floorplan
  • Water:

Exterior Details

  • Lot Description: Less Than .5 Acre (not Zero)
  • Garage Capacity: N/A
  • Parking Spaces: 16
  • Roof: Shingle
  • Others: New Construction - Complete
  • Sewer:
  • Parking Features: Direct Access,Driveway,Enclosed,Garage,Garage Door Opener,Garage Faces Rear,Garage Single Door

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 256243
  • Tax Year: N/A

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196 W 17th St Mount Pleasant, TX 75455

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Amy Downs

Expansion Partner | Team Leader | ADT Property Partners | DHS Realty

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