Storage Facility in Decatur, Texas
Financial Details
- Asking Price:
- $1,200,000
- Annual Revenue:
- $138,720
- Cash Flow / SDE:
- $114,554
- Profit Metric:
- NOI
- Valuation Multiple:
- 10.5x
- Location:
- Decatur, TX, US
- Source:
- Date:
- October 01, 2025
Key Highlights
Description
This listing presents an opportunity to acquire 380 Eagle’s Nest, an established self-storage facility located at 2820 Highway 380 in Decatur, Texas. Situated in a high-growth corridor within Wise County, the facility features 50 storage units and 5 secure parking spaces. Currently operating at approximately 70% occupancy, there is significant potential for revenue growth by leasing the remaining 30% vacancy. The business boasts a 9.54% cap rate on existing operations, a simple management structure with monthly billing, and includes city water and a septic system. With 23 years in operation, this low-maintenance, income-producing asset is ideal for investors seeking a value-add opportunity. The seller is motivated by real estate portfolio expansion and will provide post-purchase training. The real estate is owned but not included in the asking price.
Industry Information
- Industry Description:
- Self-Storage Facility
- Classification:
- Transportation & Storage
Operational Snapshot
- Year Established:
- 2002
- Reason for Selling:
- Real estate portfolio expansion
Real Estate & Lease
- Status:
- Owned_not_included
Broker Contact
- Name:
- Charles Horton
Listing Details
- Listing ID:
- 0c71b5c2-0abb-43e8-836e-d8d0d300aedc
- Source Listing ID:
- 2419714
- Deal Status:
- For Sale
- Last Updated:
- October 01, 2025
- Currency:
- USD