10188 Westridge Dr Odessa, TX 79764
- Commercial real estate
- 2,624 SF
- 2.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 10188 Westridge Dr
- Year built
- 2018
- Lot size
- 2.50 lot acres
- Property size
- 2,624 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Odessa
- County
- Ector
- State
- Texas
- Longitude
- -102.4963
- Latitude
- 31.85127
