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380 Eagles Nest Tiny Home Community 2804 US Highway 380 16 Unit Mobile Home Park $2,701,527 CAD ($168,845 CAD/Unit) 8.57% Cap Rate Decatur, TX 76234

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INVESTMENT HIGHLIGHTS

  • Manage from Home
  • Immediate Cash Flow

EXECUTIVE SUMMARY

Turnkey tiny home rental community in unincorporated Wise County with strong occupancy and stable cash flow. Established in 2016 - The property includes 16 custom-built tiny homes (approx. 392 sq. ft. each), all currently leased. Each home features a full kitchen with refrigerator, cooktop, oven, and microwave; homes are delivered unfurnished, providing flexibility for long-term or short-term rentals. Tenants enjoy included water, electric, and trash service. Additional amenities include an on-site coin laundry with Speed Queen equipment. The property is supplied by city water with a septic system, allowing future expansion without city zoning or approvals.
Financially simple and low-maintenance, the community produces an 8.61% cap rate on $167,965 NOI with clear long-term demand in the fast-growing Decatur/DFW corridor.
Eagles Nest Tiny Homes. 2820 Highway 380, Decatur, TX 76234. List Price: $1,950,000 Cap Rate: 8.61% Net Operating Income NOI $167,965
Also available as a single turnkey investment: the 380 Eagle’s Nest Tiny Home & Storage Facility as a combined portfolio. Includes 16 fully leased custom tiny homes with full kitchens and utilities included, an on-site coin laundry, and this 50-unit storage facility with 5 parking spaces. Combined operations generate $276,219 NOI on $361,620 gross income, delivering a 10.26% cap rate at $2,650,000 with upside as storage lease-up continues.
Disclaimer: Aerial imagery is for illustration purposes only. Property boundaries and acreage approx. 1.86 acres are subject to survey; sales price is not contingent on exact land size. Property to be conveyed by metes and bounds description.
for rent roll click or paste: https://drive.google.com/drive/folders/1eUKz2124YyBDlBlzZstpWnaNEn122TBK?usp=sharing

PROPERTY FACTS

Price $2,701,527 CAD
Price Per Unit $168,845 CAD
Sale Type Investment
Cap Rate 8.57%
No. Units 16
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Single-Family Home
Building Class B
Lot Size 1.86 AC
Building Size 6,500 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 2016/2017
Zoning None. Outside City Limits - No Zoning. Unincorporated area. Outside City Limits

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 16 $1,723 CAD 392

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
A0538002800
Land Assessment
$239,025 CAD
Improvements Assessment
$819,647 CAD
Total Assessment
$1,058,672 CAD
  • Listing ID: 37904442

  • Date on Market: 2025-10-01

  • Last Updated:

  • Address: 2804 US Highway 380, Decatur, TX 76234

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