Tiny Home Rental Community in Decatur, Texas

This is a turnkey tiny home rental community located at 380 Eagle’s Nest, 2820 Highway 380, Decatur, TX 76234, in unincorporated Wise County. The property features 16 custom-built tiny homes (approx. 392 sq. ft. each), all currently leased. Each home includes a full kitchen and tenants are provided with water, electric, and trash services. Additional amenities include an on-site coin laundry with Speed Queen equipment. The community is supplied by city water and a septic system, allowing for future expansion without zoning restrictions. Financially, the business generates $229,200 in gross revenue and $167,965 in Net Operating Income (NOI), yielding an 8.61% cap rate. The business has been in operation for 9 years and is owned by the seller. The asking price for the business operations is separate from the real estate, which is valued at $1,950,000. This listing is part of a seller's real estate portfolio acquisition strategy.