- For Sale Contact for pricing
- Property Type Multi-Family
- Property Size 149,925 SF
- Units 172
- Lot Size 5.84 Acre
- Year Built 1976
- Date Updated Jul 16, 2026
Description
Introducing the Southwest Oaks / Parkway Oaks Apartments, nestled at 4651 Oakwood Drive and 1465 John Ben Shepperd Pkwy in Odessa, Texas. Boasting 172 units within 10 two-story and 2 one-story buildings, this property features a brick exterior, Bitumen & Composition roofs, and tenant-paid utilities. Conveniently located near JBS Parkway and Oakwood Drive, residents enjoy private patios, spacious floor plans, walk-in closets, exterior storage, covered parking, and select units offer washer/dryer connections. Two swimming pools, a BBQ area, basketball courts, tennis courts, and clubhouse provide ample leisure options. Surrounded by similar rentals and residential homes, the property's proximity to businesses like Wal-Mart, Music City Mall, and The University of Texas Permian Basin enhances its appeal. With potential for growth and a vibrant community, the Southwest Oaks / Parkway Oaks Apartments present an enticing investment opportunity in the heart of Odessa.
Investment highlights
Under Market Rents
Multiple Swimming Pools
Spacious Floor Plans
Strong Texas Market
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Contacts
FIMC Commercial Realty
FIMC Commercial Realty