Investment Overview

Marcus & Millichap is pleased to present the exclusive offering of Odessa West MHP, a 40-space mobile home community located in Odessa, Texas. Odessa West MHP consists of 33 park-owned homes, 6 tenant-owned homes, and one vacant space. Of the 33 park-owned homes, two are currently used for storage and one is occupied by the owner as his personal residence. In addition, there are two vacant duplexes located on a separate private lot that are not included in the total space count. These units require renovation and connection to utilities; however, there are three septic tanks on the parcel that can be tied into the duplexes. Current lot rent is $500 per month, while the average rent for park-owned homes is $1,634 per month. The Park operates on city water and septic. Water is sub-metered and billed back to the tenants, and electricity is also billed back. Sewer and trash services are included in the rent. The current owners self-manage the property. Please do not visit the park without prior approval. Please arrange property tours with Marcus & Millichap listing agents.