Houston Arms & Sierra Blanca Multi-Family FOR SALE


Odessa, TX
$3,600,000 USD
432-638-7202
, Odessa, TX for Sale
$3,600,000 USD
Multi-Family - FOR SALE
1/14
null | 7.37% Cap Rate

Houston Arms & Sierra Blanca
Odessa, TX


OVERVIEW

Houston Arms & Sierra Blanca, part of the Odessa Four Pack portfolio, offers investors a stabilized, cash-flowing asset with historical occupancy above 90% and low turnover, reflecting strong operations and resident satisfaction. Over $1.57M in recent capital improvements ($550K at Houston Arms & Sierra Blanca alone) have enhanced functionality, curb appeal, and long-term value through upgrades such as unit renovations, roof replacements, and exterior enhancements. With no new multifamily construction in the market, the portfolio is well-positioned to benefit from limited future supply, supporting sustained demand, high occupancy, and rent growth potential.

ASK ABOUT THIS PROPERTY

Sam ParsleyACR MultifamilyMore Info
432-638-7202

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

Sam ParsleyACR MultifamilyMore Info
432-638-7202

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