45-Space Mobile Home
401 E 57th St, Odessa, TX 79762
For Sale
New
$1,650,000
The property includes tenant-owned homes, an RV site, and vacant spaces, five of which need electrical work.
Property SizeContact for details
Days on Market2
Property Features for 401 E 57th St
General Information
Standard status
Property subtype
Occupancy
Net Operating Income
Financials
Cap Rate
Average Monthly Rent
Units
RV Sites
Mobile Home Lots
Park-Owned Homes
Individually Metered Utilities
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Utilities to Site
Amenities
Seller Financing Available
16.04% Cash-on-Cash Return
100% Tenant-Owned Homes
Infill Opportunity
Building Details
Year Built
Listing Agency:
Houston Office
Listed By:
Matt Wagner
(713) 452-4282
Source:
Marcusmillichap
Added: Nov 12
Last Checked: Nov 12 at 2:42PM
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 Houston Office
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Investment Insights
Based on property information with market context.
This 45-space manufactured housing community in Odessa includes 36 tenant-owned homes, one RV space, and eight vacant spaces. Five of the vacant spaces require electrical work before occupancy. Ownership currently manages the property, and seller financing is available.
Water service comes from two on-site wells blended with city water. The site uses 45 individual septic tanks. Water, sewer, and trash are included in lot rent, while tenants are billed directly for electricity.
Water service comes from two on-site wells blended with city water. The site uses 45 individual septic tanks. Water, sewer, and trash are included in lot rent, while tenants are billed directly for electricity.
Key Highlights
- 45 spaces, including 36 tenant‑owned homes, one RV space, and eight vacant spaces
- Five vacant spaces require electrical work before they can be occupied
- Water service combines two on‑site wells with city water
Property Analytics
Who owns this building?
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Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
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Business Placement
Demographics for 79762, TX
40,253
Population
17,259
Households
2.3
Avg Household Size
34
Median Age
22%
College-Educated
87%
High-School Grad
30.5 sq mi
ZIP Area
1,320
Density / Sq Mi
$74,560
Median Household Income
$45,151
Median Earnings
$1,338
Median Rent
$218,900
Median Home Value
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Market
Properties on Market for Mobile home & RV parks in Odessa
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - The property includes tenant-owned homes, an RV site, and vacant spaces, five of which need electrical work.
Where is this mobile home & rv park located?
The property is located at 401 E 57th St Odessa, TX.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 45 spaces, including 36 tenant‑owned homes, one RV space, and eight vacant spaces; Five vacant spaces require electrical work before they can be occupied; Water service combines two on‑site wells with city water
