FOR SALE: 380 Eagle’s Nest – Turnkey Tiny Home & Storage Investment
2820 Highway 380, Decatur, TX 76234
List Price: $2,650,000 | Offered at a 10.5% Cap Rate | $367,920 Gross Income
Located in unincorporated Wise County just off Hwy 380, 380 Eagle’s Nest offers a rare turnkey investment combining strong cash flow, low maintenance, and strategic flexibility. This income-producing tiny home community and storage facility sits on approximately 3.74 acres, producing $367,920 in gross annual revenue and $282,519 in net income, with a 10.5% cap rate.
Investment Highlights:
• 16 Custom-Built Tiny Homes: Each home is approximately 392 square feet and features a full kitchen (refrigerator, cooktop, oven, microwave) with a thoughtfully designed layout. Homes are not furnished, offering flexibility for either long-term or short-term rental use. Water, electric, and trash service are included amenities for tenants.
• 50 Storage Units + 5 Parking Spaces: A mix of unit sizes and secure vehicle spaces generate rental income from $50 to $1000/month.
• Coin Laundry On Site: Includes Speed Queen commercial laundry equipment for tenant convenience and additional income.
• City Water & Septic: Reliable infrastructure supporting long-term operation and ease of maintenance.
• Low Annual Operating Expenses: $85,401/year 2024 - Electric, Water, Taxes, Repairs, Maintenance and insurance.
• Unincorporated County Location: No city zoning or approval required for expansions or improvements.
• Convenient Hwy 380 Access: Privately positioned near a major thoroughfare with strong regional demand and proximity to Decatur and the DFW Metroplex.
• Growing Market: Decatur offers access to a thriving labor pool, business-friendly climate, and ongoing residential and commercial development.
Boundary & Measurement Disclaimers:
Aerial imagery is for illustration purposes only. Property boundaries and acreage (estimated at approx. 3.74 acres) are subject to survey; sales price is not contingent on exact land size. Property to be sold by metes and bounds description.
Property Website: www.380eaglesnest.com
Drive Folder: photos, rent roll and other items: https://drive.google.com/drive/folders/1eUKz2124YyBDlBlzZstpWnaNEn122TBK?usp=sharing