403 48Th StOdessa, TX 79764

Property Details for 403 48Th St

Year built

1948

Lot size

0.57 AC

Property size (Sq ft)

920 SF

Property type

Mobile home & RV parks

Description

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.

Location Insight

City

Odessa

County

Ector

State

Texas

Latitude

31.8878

Longitude

-102.392

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