403 48Th StOdessa, TX 79764

For Sale
$229,000
9 Units, Updated, Owner Financing Available

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents a well-maintained mobile home park situated on a 0.57-acre lot in Odessa, Texas. The property, located at 403 W 48th St, 79764, boasts nine rental spaces, generating strong potential rental income. Built in 1948 and extensively renovated in 2021, the park includes a 920-square-foot, two-bedroom, one-bathroom home that can also be rented, adding to the overall revenue stream. The property's central location within Odessa provides easy access to local amenities and a strong tenant pool. The asking price is $229,000, translating to $248.91 per square foot. The park is zoned for single-family use, offering flexibility and potential for future development. The property is currently owned by Big Country 1109 LLC and owner financing may be available to qualified buyers. This is a turnkey operation ideal for investors seeking a stable, cash-flowing asset in a thriving Texas market. The property's recent renovations ensure minimal immediate maintenance needs, maximizing return on investment. Don't miss this chance to acquire a profitable and well-located mobile home park.

Highlights

  • $229,000 asking price for a 9-unit mobile home park.
  • 920 square feet on a 0.57-acre lot in Odessa, Texas.
  • Built in 1948, renovated in 2021.
  • Includes a 2-bedroom, 1-bathroom home also available for rent.
  • Owner financing available to qualified buyers.

Property Details for 403 48Th St

Property type
Mobile home & RV parks
Square Feet
920 SF
Year Built/Renovated
1948/2021
Buildings
1
Lot Size (sq. ft)
24,829 SF
Units
9

Location Insight

City
Odessa
County
Ector
State
Texas
Latitude
31.88776073151
Longitude
-102.39208476671
403 48Th St, Odessa, Texas

FAQs

What type of property is this?
Mobile home & RV park - 9 Units, Updated, Owner Financing Available
Where is the mobile home & rv park located?
The property is located at 403 48Th St Odessa, TX.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: $229,000 asking price for a 9-unit mobile home park.; 920 square feet on a 0.57-acre lot in Odessa, Texas.; Built in 1948, renovated in 2021.
How can I contact the broker?
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403 48Th St
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