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12715 W 3rd St 17 Unit Apartment Building $550,000 ($32,353/Unit) 10.30% Cap Rate Odessa, TX 79763
Executive Summary
Man camp property, ideal for rental and investment purposes. Situated on a generous 2.4 acres, this facility features 17 rooms, offering comfortable accommodations for workers and guests. Majority of rooms have a twin size bed, refrigerator, and a desk. The property has a spacious living room, a fully equipped kitchen perfect for communal cooking, and a convenient laundry room to meet all daily needs. Ample parking space is available. Close to the interstate!!!
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $550,000 | Property Subtype | Apartment |
| Price Per Unit | $32,353 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 10.30% | Lot Size | 5.50 AC |
| Gross Rent Multiplier | 9.71 | Building Size | 6,500 SF |
| No. Units | 17 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2015 |
| Zoning | EW7 | ||
| Price | $550,000 |
| Price Per Unit | $32,353 |
| Sale Type | Investment |
| Cap Rate | 10.30% |
| Gross Rent Multiplier | 9.71 |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 5.50 AC |
| Building Size | 6,500 SF |
| No. Stories | 1 |
| Year Built | 2015 |
| Zoning | EW7 |
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Property Taxes
| Parcel Number | 16820-00010-32500 | Improvements Assessment | $95,131 |
| Land Assessment | $36,553 | Total Assessment | $131,684 |
Property Taxes
Parcel Number
16820-00010-32500
Land Assessment
$36,553
Improvements Assessment
$95,131
Total Assessment
$131,684
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12715 W 3rd St
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