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Two-Community Multifamily Portfolio

222 North Dixie Blvd. Odessa, TX 79761

222 North Dixie Blvd., Odessa, TX, 79761
Contact for pricing
For Sale
Contact for pricing
Pending

Portfolio includes Dixie Square and Windgate with individually metered utilities and on-site HVAC.

Days on Market105

Property Features for 222 North Dixie Blvd.

General Information

Standard status
Pending
Property subtype
Multifamily
Listing agency GREA
Listed by Shan Zaidi · License #TX 671728
Source Crexi
Added: Apr 10 Updated: Jul 21 at 4:24AM Checked: Jul 21 at 4:24AM

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 GREA


Investment Insights

Based on property information with market context.

This multifamily portfolio includes Dixie Square and Windgate Apartments, consisting of 10 two-story buildings per community. The buildings are constructed with brick veneer and wood siding, and each apartment unit is served by individually metered electricity, along with individual HVAC systems and individual water heaters.

Dixie Square is located in Odessa and Windgate is located in Midland, Texas. The communities are both less than 2 miles north of I-20, providing direct access to major areas in Texas. The properties are also within 1 mile of several major retailers, including Albertsons, Bank of America, Chick-fil-A, CVS, and Walgreens.

Combined, the portfolio totals 196 units across 88 units at Windgate (constructed in 1966) and 108 units at Dixie Square (constructed in 1972). The reported average unit size is 663 SF, with average rents of $840 per unit.

Key Highlights

  • Apartment portfolio includes 2 communities: Dixie Square (108 units, constructed 1972) and Windgate (88 units, constructed 1966)
  • Total portfolio count: 196 units with average unit size of 663 SF and average rents of $840/unit
  • Ten 2‑story buildings across both communities with a mix of brick veneer and wood siding

Property Analytics

Location Intelligence

Current Use by Public Records

Ashford Odessa Square ... Apartment Complex

Suggested Use

Parking Lot & Garage Catering Service Acupuncture (Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Travel Agency (Bike/Boat/Book/etc) Store Pet Store HVAC Service

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

FAQs

What type of property is this?
Apartment building - Portfolio includes Dixie Square and Windgate with individually metered utilities and on-site HVAC.
Where is this apartment building located?
The property is located at 222 North Dixie Blvd. Odessa, TX.
What are key features of this property?
This property features: Apartment portfolio includes 2 communities: Dixie Square (108 units, constructed 1972) and Windgate (88 units, constructed 1966); Total portfolio count: 196 units with average unit size of 663 SF and average rents of $840/unit; Ten 2‑story buildings across both communities with a mix of brick veneer and wood siding
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