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Downtown Multifamily Investment Opportunity

316 W 7th Street 100-124 Mount Pleasant, TX 75455

316 W 7th Street 100-124, Mount Pleasant, TX, 75455
$2,700,000
For Sale
$2,700,000

Fully leased multifamily property in downtown Mount Pleasant.

Days on Market441

Property Features for 316 W 7th Street 100-124

General Information

Standard status
Active
Property subtype
Commercial/Industrial

Building Details

Year Built
1965
Listing Agency Texas Legacy Realty
Listed by Dennys Gonzalez · License #0668915
Source Exitrealty
Added: May 5, 2025 Checked: Jul 19 at 3:47 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Texas Legacy Realty


Investment Insights

Based on property information with market context.

This income-producing multifamily property is located in downtown Mount Pleasant. The building features 25 apartment units, including 23 one-bedroom, one-bath units and 2 two-bedroom, one-bath units. Each unit ranges from approximately 850 to 1,000 square feet. The units feature modern finishes, including stainless steel appliances, granite countertops in kitchens and bathrooms, and tile flooring. Some kitchens include granite islands. The property offers on-site parking, a community laundromat, landscaped grounds, and a centralized community mailbox area. The property is fully leased and generates consistent income. It is located minutes from the highway and offers a walkable downtown location.

Key Highlights

  • Fully leased, income‑producing multifamily building ensuring immediate and consistent revenue stream.
  • Prime downtown Mount Pleasant location offering a walkable lifestyle and easy access to amenities.
  • 25 well‑maintained apartment units with modern finishes including stainless steel appliances and granite countertops.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Big Box & Wholesale Store Skin Care Clinic Electrical Service (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods HVAC Service Grocery & Convenience Store Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Fully leased multifamily property in downtown Mount Pleasant.
Where is this apartment building located?
The property is located at 316 W 7th Street 100-124 Mount Pleasant, TX.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Fully leased, income‑producing multifamily building ensuring immediate and consistent revenue stream.; Prime downtown Mount Pleasant location offering a walkable lifestyle and easy access to amenities.; 25 well‑maintained apartment units with modern finishes including stainless steel appliances and granite countertops.
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