Investment Overview

Midland Basin RV Park is a 65-site property situated on 3.94 acres. The property operates on well water and septic sewer. The ownership pays for water, sewer, and trash removal while the electricity is billed back to the residents. Amenities include Wi-Fi, laundry facilities, perimeter-wide metal security fence, and security lighting and cameras. Just two minutes from the property is Interstate 20 which sees over 50,000 vehicles daily. Beyond the property itself, the investment opportunity is bolstered by Midland’s dynamic economic climate: Employment Boom: The Midland area is projected to see a significant increase in jobs, with The Perryman Group forecasting roughly 14,200 wage and salary jobs added by 2028. Recent statistics from the Bureau of Labor Statistics further solidify this growth trend, highlighting Midland’s impressive 4.7 percent employment gain in November 2023 (sixth largest nationwide) and the state’s strongest job growth in December 2023. Low Unemployment: Midland boasts the distinction of having the lowest unemployment rate in Texas at a healthy 2.2 percent, far lower than the state average of 3.5 percent. High Income Levels: Midland holds the distinction of having the highest GDP per capita nationwide at a staggering $242,730, nearly surpassing San Jose, California’s $210,235. Personal income per capita in Midland is also the third highest in the nation at $125,455. Major investments in the area include: • November 2023: BlackRock invests $550 million in Occidental’s $1 billion Direct Air Capture plant which is under construction now and expected to be operational by mid-2025. There are an estimated 150 skilled tradesmen on site now with employment ramping up to about 1,200 by the first quarter of 2024 during the construction phase. The plant will employ up to 75 once operational. • November 2023: Construction begins on a new $225 million Behavioral Health Center. • March 2024: Liberty Energy broke ground on their new $50 million facility which will add 500 full-time positions.