Log In/Sign Up
Your email has been sent.
380 Eagles Nest Tiny Home Community 2804 US Highway 380 16 Unit Mobile Home Park $2,679,202 CAD ($167,450 CAD/Unit) 8.57% Cap Rate Decatur, TX 76234



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
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 | $2,679,202 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $167,450 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 1.86 AC |
| Cap Rate | 8.57% | Building Size | 6,500 SF |
| No. Units | 16 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built/Renovated | 2016/2017 |
| Zoning | None. Outside City Limits - No Zoning. Unincorporated area. Outside City Limits | ||
| Price | $2,679,202 CAD |
| Price Per Unit | $167,450 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 | $1,709 CAD | 392 |
1 1
Property Taxes
| Parcel Number | A0538002800 | Improvements Assessment | $815,597 CAD |
| Land Assessment | $237,844 CAD | Total Assessment | $1,053,441 CAD |
Property Taxes
Parcel Number
A0538002800
Land Assessment
$237,844 CAD
Improvements Assessment
$815,597 CAD
Total Assessment
$1,053,441 CAD
1 of 25
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
380 Eagles Nest Tiny Home Community | 2804 US Highway 380
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.
