Log In/Sign Up
Your email has been sent.
380 Eagles Nest Tiny Home Community 2804 US Highway 380 16 Unit Mobile Home Park $2,701,527 CAD ($168,845 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 | $2,701,527 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $168,845 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 | $2,701,527 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 |
1 1
PROPERTY TAXES
| Parcel Number | A0538002800 | Improvements Assessment | $819,647 CAD |
| Land Assessment | $239,025 CAD | Total Assessment | $1,058,672 CAD |
PROPERTY TAXES
Parcel Number
A0538002800
Land Assessment
$239,025 CAD
Improvements Assessment
$819,647 CAD
Total Assessment
$1,058,672 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.
