Odessa Four Pack Potfolio

Property Information

Market Pricing

Location: Odessa, TX
Address: Multiple (See Listing Brochure)
Year Built: 1957, 1961, 1966, 1977
Units: 117
Status: Available

Investment Highlights

Stabilized, Cash Flowing Assets

The Odessa Four Pack portfolio has a strong historical occupancy exceeding 90% with low turnover evidencing quality of property maintenance and a desirable living environment. These stabilized, cash-flowing assets offers investors consistent income and strong returns from day one, backed by a proven track record of resident satisfaction and operational efficiency.

Well Maintained with Substantial Capital Improvements

Over $1.57 million in recent capital expenditures has significantly enhanced the Odessa Four Pack portfolio, improving property functionality, resident appeal, and long-term asset value. These substantial investments, including unit renovation, roof replacement, exterior improvements, new signage, etc., underscore the commitment to maintaining a high-quality living experience and position the properties for continued strong performance.

No New Construction in Market

The Odessa Four Pack portfolio is strategically positioned in a market with no new multifamily construction in the pipeline, significantly limiting future competitive supply. This lack of new inventory is expected to drive sustained demand for existing quality assets like the portfolio, ensuring continued high occupancy and strong potential for rent growth.