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ECCO LODGING 158 Co Road 404 21 Unit Apartment Building $989,000 ($47,095/Unit) 8% Cap Rate Pecos, TX 79772

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INVESTMENT HIGHLIGHTS

7.66 Acres of Improved land Located in close proximity to Interstate 220 which is a major throughfare in the market.
Full-time manager

1.5 miles from I-20 business, 3 miles from I-20

EXECUTIVE SUMMARY

Announced May 29,2025, “We are very excited about Infinium choosing Reeves County as the site for the world’s largest eFuel producing plant,!” High pay Jobs. Located in an Opportunity Zone this 7.66 Acre property consists of 18 furnished rooms with a full time manger. Units: 3 Double Units and 15 Single Units. 2 Additional Units will be added this year increasing gross rent by 6000 per month. There is a laundry room, Two storage buildings and a Single wide office/home for the onsite Manager. The lodge sits on approximately 7.66 acres with room to expand. Power, water and sewer is available for any expansion. City water pumps 61 psi to the property. The Lodge is currently at a 8% Cap Rate. Financials available upon request.

Lot 1 with improvements

FINANCIAL SUMMARY (ACTUAL - 2023)	ANNUAL	ANNUAL PER SF
Gross Rental Income	$200,668	$21.76
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$200,668	$21.76
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$100,749	$10.93
Net Operating Income	$99,919	$10.84

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income
Annual	$200,668
Annual Per SF	$21.76

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$200,668
Annual Per SF	$21.76

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$100,749
Annual Per SF	$10.93

Net Operating Income
Annual	$99,919
Annual Per SF	$10.84

PROPERTY FACTS

Price	$989,000	Building Class	C
Price Per Unit	$47,095	Lot Size	7.66 AC
Sale Type	Investment	Building Size	9,220 SF
Cap Rate	8%	Average Occupancy	98%
Sale Conditions	Bulk/Portfolio Sale Redevelopment Project	No. Stories	1
No. Units	21	Year Built	2017
Property Type	Multifamily	Parking Ratio	2.28/1,000 SF
Property Subtype	Apartment Multifamily Manufactured Housing Mobile Home Park	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Garden
Zoning	NONE - NO ZONING

Price	$989,000
Price Per Unit	$47,095
Sale Type	Investment
Cap Rate	8%
Sale Conditions	Bulk/Portfolio Sale Redevelopment Project
No. Units	21
Property Type	Multifamily
Property Subtype	Apartment Multifamily Manufactured Housing Mobile Home Park
Apartment Style	Garden
Building Class	C
Lot Size	7.66 AC
Building Size	9,220 SF
Average Occupancy	98%
No. Stories	1
Year Built	2017
Parking Ratio	2.28/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	NONE - NO ZONING