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GP Theriot IV

gp@gptheriot.com +1(214) 789-5888

$ 2,600,000

Est. payment | -/mo

20,028 SqFt

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$ 2,600,000

Est. payment | -/mo

Save Virtual Tour

20,028 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 20,028 sqft

Price per Sqft $129

Subdivision Mt Pleasant City Blocks

MLS Listing ID 20921279

HOA Y/N No

Year Built 1965

Annual Tax Amount $16,054

Lot Size 1.136 Acres

Acres 1.136

Property Sub-Type Business

Property Description

Prime Income-Producing Multifamily Property in Downtown Mount Pleasant Exceptional investment opportunity in the heart of Downtown Mount Pleasant! This fully leased, income-producing multifamily building features 25 well-maintained apartment units—23 one-bedroom, one-bath units and 2 two-bedroom, one-bath units. Each unit ranges from approximately 850 to 1,000 square feet and offers modern finishes, including stainless steel appliances, granite countertops in kitchens and bathrooms, and sleek tile flooring throughout. Some kitchens are equipped with granite islands, adding extra prep and dining space. The property includes convenient on-site parking, a community laundromat for tenants, landscaped grounds, and a centralized community mailbox area. Located just minutes from the highway, this property offers easy accessibility while maintaining a walkable downtown location. A rare turnkey investment with stable occupancy—100% leased and generating consistent income

Location

State TX

County Titus

Community Community Mailbox, Curbs, Sidewalks

Zoning Residential

Direction GPS Friendly

Interior

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Ceramic Tile

Inclusions Building Only, Business

Fireplace No

Exterior

Parking Features Common

Community Features Community Mailbox, Curbs, Sidewalks

Utilities Available Sewer Available, Water Available

Water Access Desc Public

Roof Type Composition

Road Frontage City Street, All Weather Road

Private Pool No

Building

Lot Description Cleared

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Others

Tax ID 10691

Security Features Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange, Private Financing Available

Listing Terms Cash, Conventional, 1031 Exchange, Private Financing Available

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20921279

Nearby Locations

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GP Theriot IV

Real Estate Consultant, US Army Veteran (CPT) Lic# 0817775

gp@gptheriot.com

+1(214) 789-5888

5605 North McArthur Blvd, Irving, TX 75038, USA

316 W 7th ST #100-124 Mt Pleasant, TX 75455

GP Theriot IV

Key Details

Location

Interior

Exterior

Building

Others

316 W 7th ST #100-124