3299 S Fulton Ave - Specialty FOR SALE


Odessa, TX 79766
$3,500,000 USD
432-553-9253
3299 S Fulton Ave, Odessa, TX for Sale
$3,500,000 USD
Specialty - FOR SALE
1/42
null | 12.5% Cap Rate

3299 S Fulton Ave
Odessa, TX 79766


HIGHLIGHTS

  • (18) 4 Bedroom - 2 Bath Units | Fully Furnished with Full Kitchen & Big Screen TVs
  • Caliche Parking & Drives | Stepping Stone Walkways | Perimeter Fencing with Key-Code Gated Entry
  • Upside: Expansion to 60 units

OVERVIEW

Corporate Mobile Housing Park – Workforce Housing Investment Opportunity. Now available for sale, this turnkey corporate mobile housing park in Permian Basin offers a unique investment opportunity. The property, developed in 2023, features 18 fully furnished mobile homes, each designed for workforce housing and set up as a "man-camp" environment. Every unit includes 4 bedrooms, 2 bathrooms, a common area with kitchen, fully furnished and is leased at $5,000 per month with all utilities included. Leases are secured on a contract basis with corporate employer, ranging from 1 to 3 years, providing stable income potential. The 18 existing units are 100% occupied with the potential to add up to 42 additional units to the park. This is an ideal opportunity for investors seeking reliable returns through long-term corporate tenancy in a high-demand region. Located at 3299 South Fulton Avenue in Odessa, Texas (Ector County), this property sits just outside the city limits, offering both flexibility and convenient access. Ideally positioned just off Interstate 20, the site boasts excellent connectivity to major regional transportation corridors and is surrounded by established industrial users. Its strategic location places it in close proximity to the heart of oil and gas activity in the Midland and Delaware Basins, serving key operations across West Texas and Southeast New Mexico—making it an ideal setting for workforce housing or corporate use.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$203 USD /SF

CAP RATE

12.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Corporate Mobile Housing Park For Sale

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

11.24 AC

LAND SF

489,614 SF

ZONING

-

APN/PARCEL ID

29550-00596-00000

ASK ABOUT THIS PROPERTY

John ElphickMoriah GroupMore Info
432-553-9253

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John ElphickMoriah GroupMore Info
432-553-9253

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.