9605 Hutson RdOdessa, TX 79763

Property Details for 9605 Hutson Rd

Year built

2018

Lot size

1.53 AC

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This exceptional value-add investment opportunity presents a 9-unit manufactured home community situated on a 1.53-acre lot in Odessa, Texas. The property, located at 9605 W Hutson Road, zip code 79763, consists of nine single-story buildings, each constructed in 2018. Each unit boasts a modern design, featuring three bedrooms and two bathrooms, with an open-concept living and kitchen area. Some units are move-in ready, complete with appliances. The property is zoned MHP (Manufactured Home Park) and presents a compelling opportunity for investors seeking a value-add project in a stable market. The asking price is $800,000. While the current cap rate is listed as 0.00%, the property's potential for increased revenue through operational improvements and market adjustments makes it an attractive proposition. The quiet location offers residents a peaceful environment. This property is ideal for investors seeking affordable housing options or those looking to capitalize on the growing demand for rental properties in the Odessa area. The property's strong foundation and modern design of the units provide a solid base for future growth and profitability. This is a rare opportunity to acquire a well-maintained, nine-unit manufactured home community with significant upside potential.

Location Insight

City

Odessa

County

Other

State

Texas

Latitude

31.805

Longitude

-102.483

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].