1 / 6High yield
$875,000
19-Unit Multifamily in Mt Pleasant, TX
TX · listed Aug 25, 2026 (64 days)
Price per unit compared
This property$46K
Within ~40 mi (11)$69K
Texas median (1,029)$100K
- $/unit
- $46,053
- ▼ 54% vs TX · 3rd pct
- Cap rate
- —
- NOI
- $78K
- $4,089/unit/yr
- Units
- 19
- 19 bldg · 1986
Financials
- Asking price
- $875,000
- Price per unit
- $46,053
- Price per sq ft
- $58
- Gross rent / year
- $113,641
- Net operating income
- $77,700
- NOI per unit
- $4,089
- Cap rate
- Not stated
- Gross yield
- 13%gross rent ÷ price
- Occupancy
- 89%
As stated by the seller. Verify during due diligence.
Building
- Units
- 19
- Unit mix
- Not stated
- Buildings
- 19
- Year built
- 1986
- Building size
- 15,000 sq ft
- Avg unit size
- 789 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Aug 25, 2026
- Days on market
- 64 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1832
About this property
Investment opportunity in the heart of Mount Pleasant! Don’t miss this unique chance to own 19 manufactured homes situated on 2.24 acres within the city limits. This property offers a great location with convenient access to local amenities, making it an appealing option for investors looking to expand their rental portfolio or generate steady income potential. With multiple homes on one tract, this property provides flexibility, scale, and strong long-term possibilities. Opportunities like this are hard to find—schedule a showing today!
Multi-family
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Mt Pleasant, TXStabilized | $2.6M | $104K$104K | 10.4%gy |
 Talco, TX▼ 7% cutHigh yield | $700K | $58K$58K | 11% |
 Winnsboro, TXStabilized | $550K | $69K$69K | 10.6%gy |
 Winnsboro, TXHigh yieldValue-add | $2M | $63K$63K | 8.3% |
 Clarksville, TX | $450K | $45K$45K | 10%gy |
 Clarksville, TXStabilized | $589K | $65K$65K | — |