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3804 Mount Pleasant 3804 Mount Pleasant St 15 Unit Apartment Building $1,712,117 CAD ($114,141 CAD/Unit) 8.80% Cap Rate Houston, TX 77021
Investment Highlights
- This is a great chance to pick up a 15 unit apartment complex in the growing South Union area.
Executive Summary
This is a great chance to pick up a 15 unit apartment complex in the growing South Union area. The property offers a mix of 4 one bedroom units and 11 two bedroom units with significant value add potential through lease up and operational improvements. The property is currently 66 percent occupied, providing immediate upside for an investor focused on increasing occupancy and stabilizing operations. Property is being sold in “as-is condition” , dimensions and information are approximate and buyer/representation responsibility to verify.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Recycling
- Walk-Up
- Smoke Detector
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 0741520480001 | Improvements Assessment | $405,683 CAD (2025) |
| Land Assessment | $301,574 CAD (2025) | Total Assessment | $707,256 CAD (2025) |
Property Taxes
Parcel Number
0741520480001
Land Assessment
$301,574 CAD (2025)
Improvements Assessment
$405,683 CAD (2025)
Total Assessment
$707,256 CAD (2025)
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AssetlyOne LLC
3804 Mount Pleasant | 3804 Mount Pleasant St
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