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Southwest Oaks Apartments 4651 Oakwood Dr 172 Unit Apartment Building For Sale Odessa, TX 79761

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INVESTMENT HIGHLIGHTS

  • Under Market Rents
  • Spacious Floor Plans
  • On-Site Laundry Facilities
  • Multiple Swimming Pools
  • Strong Texas Market
  • Private Patio/Balcony in most units

EXECUTIVE SUMMARY

The Southwest Oaks / Parkway Oaks Apartments are located one block off of East University Boulevard a main east/west thoroughfare in Odessa. The property is surrounded by other similar style rentals and residential homes.
The units offer private patios, spacious floor plans, walk-in closets, exterior storage and covered parking and washer/dryer connections are available in some units. There are two swimming pools, BBQ area, basketball courts, tennis courts and clubhouse.
The property is conveniently located near the intersection of JBS Parkway and Oakwood Drive. Nearby businesses include, Wal-Mart, Music City Mall, Old Town Shopping Center as well as The University of Texas Permian Basin.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type Investment
No. Units 172
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 5.91 AC
Building Size 125,244 SF
Average Occupancy 89%
No. Stories 2
Year Built 1976
Parking Ratio 2.64/1,000 SF
Zoning MF-1 - Multi-family residence

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets

SITE AMENITIES

  • 24 Hour Access
  • Clubhouse
  • Laundry Facilities
  • Pool
  • Property Manager on Site
  • Tennis Court
  • Basketball Court
  • Grill
  • Laundry Service
  • Maintenance on site
  • Online Services

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 133 - 630 - 700
2+1.5 24 - 1,145
2+2 13 - 1,330
3+1 1 - 1,330
3+2 1 - 1,330

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32660-04485-00000
Land Assessment
$293,898 CAD
Improvements Assessment
$7,759,995 CAD
Total Assessment
$8,053,893 CAD
  • Listing ID: 34975147

  • Date on Market: 2025-02-28

  • Last Updated:

  • Address: 4651 Oakwood Dr, Odessa, TX 79761

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