168-Unit RV Park with Motel
For Sale
Contact for pricing
Pending
10515 W County Rd 127, Odessa, TX 79765
Workforce-oriented RV community with remodeled lodging units, public utilities, paved roads, and established occupancy.
Property SizeContact for details
Days on Market346
Property Features for 10515 W County Rd 127
General Information
Standard status
Pending
Property subtype
Mobile Home Park
Occupancy
94%
Investment Type
Stabilized
Net Operating Income
$782,576
Financials
Asking Price
$6,950,000
Cap Rate
11.3%
Gross Income
$1,203,900
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
9
Building Details
Year Built
2017
Units
168
Listing Agency:
Marcus & Millichap - Charlotte Uptown
Listed By:
Glenn Esterson · License #GA 355850
Source:
Crexi
Added: Sep 24, 2025
Changed: Sep 2
Last Checked: Sep 1 at 8:12AM
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 Marcus & Millichap - Charlotte Uptown
Investment Insights
Based on property information with market context.
This 2017-built RV community contains 168 rental units, including 159 active RV pads and 9 motel-style apartment units. The remodeled motel units include full bathrooms and kitchens. There are no park-owned homes, creating a straightforward operating structure, while ownership currently covers city water, sewer, electric, and trash service. RV lot occupancy is 95%, and the paved internal roads are in good condition.
The property at 10515 W County Rd 127 is 2.5 miles from Midland International Airport and provides access to the Odessa–Midland employment corridor, major highways, regional employers, and logistics hubs. The park is outside a flood zone. The motel units are currently used by ownership staff and are subject to a post-sale leaseback arrangement.
Operational improvement areas identified for the property include tenant utility reimbursement, billing administration, and rent adjustments. The offering includes 159 RV lots and 9 apartment-like motel units within the Odessa–Midland MSA.
The property at 10515 W County Rd 127 is 2.5 miles from Midland International Airport and provides access to the Odessa–Midland employment corridor, major highways, regional employers, and logistics hubs. The park is outside a flood zone. The motel units are currently used by ownership staff and are subject to a post-sale leaseback arrangement.
Operational improvement areas identified for the property include tenant utility reimbursement, billing administration, and rent adjustments. The offering includes 159 RV lots and 9 apartment-like motel units within the Odessa–Midland MSA.
Key Highlights
- 168 total rental units: 159 active RV lots and 9 motel/apartment‑style units
- 9 remodeled motel units with full bathrooms and kitchens
- 95% occupancy across the RV lots
Property Analytics
Current Use
Lease Details
9
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
154
Businesses Nearby
Explore this area
Business Placement
Demographics for 79765, TX
21,163
Population
9,709
Households
2.2
Avg Household Size
31
Median Age
26%
College-Educated
91%
High-School Grad
23.4 sq mi
ZIP Area
904
Density / Sq Mi
$100,844
Median Household Income
$53,204
Median Earnings
$1,535
Median Rent
$299,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Workforce-oriented RV community with remodeled lodging units, public utilities, paved roads, and established occupancy.
Where is this mobile home & rv park located?
The property is located at 10515 W County Rd 127 Odessa, TX.
What are key features of this property?
This property features: 168 total rental units: 159 active RV lots and 9 motel/apartment‑style units; 9 remodeled motel units with full bathrooms and kitchens; 95% occupancy across the RV lots
