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Property profile & analytics
OFF-MARKET
Commercial real estate

10188 Westridge Dr Odessa, TX 79764

2,624 SF 2.5 ac lot Built 2018
Property ID
US82-2786434
Property summary
AI-generated overview

This exceptional investment opportunity in Odessa, Texas, presents a thriving mobile home park spanning 2.5 acres. The property boasts eight mobile homes, six of which are newer model Solitaire homes, ensuring consistent occupancy and modern living standards for tenants. Currently generating a substantial monthly rental income of nearly $14,000, this property offers significant potential for increased earnings. The inclusion of one vacant lot allows for expansion, with the possibility of adding a ninth mobile home to further boost revenue. Each mobile home is equipped with its own individual water and electric meter, simplifying utility management and billing. The 2,624 square foot total building area is spread across the eight units, providing ample living space for residents. This turnkey operation is ideal for investors seeking a high-yield, low-maintenance property with immediate cash flow and significant upside potential in a growing Texas market. The existing infrastructure and high occupancy rates minimize operational challenges, making this a truly attractive investment opportunity. The property's location in Odessa provides easy access to local amenities and services, further enhancing its appeal to tenants. This is a rare chance to acquire a well-established and profitable mobile home park with room for expansion.

Property profile
Verified
Property type Commercial real estate
Year built 2018
Total area 2,624 SF
Lot 2.5 ac (108,900 SF)
UPID US82-2786434
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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