13318 W County Rd 125, Odessa, TX 79765

The Property

This diversified park is currently 98% occupied and optimized for the region’s unique industrial demand:

• 27 Mobile Home Lots: Including one unit utilized as the park office/manager's residence.

• 19 RV Spaces: Dedicated for long-term workforce housing.

• 11 Park-Owned RVs: High-margin rental units included in the sale.

• 13 Truck Parking Spots: Currently serving the high demand for semi-truck and industrial vehicle storage in the Midland-Odessa area.

• Acreage: ±6 Acres with designated room for further development.

Infrastructure & Utilities

• Well & Septic: Septic maintained on a strict quarterly schedule

• Location: Situated outside city limits, offering lower regulatory friction for expansion and operations.

• Industrial Assets: Large pole barn for storage and a newly constructed laundry facility (revenue not yet factored into NOI).

Value-Add

The property boasts a current NOI of $289,000, a significant upside remains:

1. Pad Conversion: An incoming investor has the immediate option to scrap the 13 truck parking spots to add approximately 6-10 new mobile home spots or 15-20 new RV spots, projected to generate an additional $20,000-$40,000 in annual income.
2. Laundry Revenue: Newly built laundry facility to capture high-margin ancillary income from the 57 sites adding an estimated $6,000 to annual revenue
3. Expansion & Monetization: Further pad expansion is possible on the ±6-acre footprint, alongside the potential to lease the pole barn for commercial use.
4. Rent Increase- Potential for an additional $22,000 in annual income by increasing mobile home rents with additional room for RV rent increase.

Financial Highlights

• List Price: $2,300,000.

• Cap Rate: 12.7%

• Stability: Mature tenant base with a minimum of one-year residency for the majority of occupants.
• Seller will consider owner financing