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Odessa, TX Residential Portfolio

5 Specialty Properties Offered at $790,000 in Odessa, TX

Investment Highlights

  • Fully Occupied: All 7 units are 100% leased, providing immediate and stable rental income.
  • High-Demand Location: Centrally located in Odessa, TX, near schools, shopping, and major highways, ensuring continued rental demand.
  • Portfolio Expansion: Ideal for investors looking to expand their portfolio with an income-generating asset in one of Texas' fastest-growing markets.
  • Turnkey Investment: Low-maintenance, well-maintained properties with tenants in place, offering a hassle-free ownership experience.
  • Strong Economic Growth: Odessa's thriving oil and gas industry drives local economy, supporting consistent tenant demand and rental appreciation.

Executive Summary

Investment Opportunity in Odessa, TX – Fully Occupied Residential Properties for Sale
Presenting a prime investment opportunity in the heart of Odessa, Texas – a package of 7 units across 5 residential properties, all 100% occupied. These well-maintained units offer a stable rental income stream from tenants in a high-demand area. Each property is strategically located within proximity to schools, shopping, dining, and major highways, making it attractive to renters.
Whether you’re expanding your real estate portfolio or seeking a secure passive income opportunity, this package delivers solid cash flow with minimal vacancies. Odessa's growing economy, driven by the oil and gas industry, further ensures strong future demand for rental properties.
Don’t miss out on this rare chance to invest in a turnkey, fully leased set of residential units in one of Texas' fastest-growing regions! Contact us today for more details or to schedule a viewing.

Attachments

Rent Roll

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses -
Total Expenses $99,999
Net Operating Income -

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Taxes
Annual $99,999
Operating Expenses
Annual -
Total Expenses
Annual $99,999
Net Operating Income
Annual -

Property Facts

Price $790,000
Price / SF $111.57 / SF
Sale Conditions Bulk/Portfolio Sale
Cap Rate 11.83%
Sale Type Investment
Status Active
Number of Properties 5
Individually For Sale 0
Total Building Size 7,081 SF
Total Land Area 0.95 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1416 N Sam Houston Ave, Odessa, TX 79761 Specialty 2,063 SF 1948 -
3824 Melody Ln, Odessa, TX 79762 Specialty 1,282 SF 1956 -
801 E 18th St, Odessa, TX 79761 Specialty 1,662 SF 1950 -
4610 N Jackson Ave, Odessa, TX 79762 Specialty 864 SF 1955 -
1904 E 14th St, Odessa, TX 79761 Specialty 1,210 SF 1954 -
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  • Listing ID: 33828704

  • Date on Market: 11/11/2024

  • Last Updated:

  • Address: Odessa, TX Residential Portfolio, Odessa, TX

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