Note: Property is being sold in conjunction with Van Alstyne Boat & RV Storage and each asset can be purchased separately or as a portfolio.
investment highlights
- 2022 CONSTRUCTION // Recently built 122,800 NRSF boat & RV storage facility on 10.47 acres with seven single-story buildings.
- HIGHLY FUNCTIONAL UNIT MIX // 322 total units, including 64 fully enclosed units, 214 covered parking units, and 44 outdoor parking spaces.
- MODERN AMENITY PACKAGE // Features include gated entry with digital keypad, security lighting, surveillance cameras, 14 foot roll-up doors, asphalt drive aisles, and concrete parking surfaces around enclosed units.
- STRATEGIC LOCATION IN GROWING DFW SUBMARKET // Located in Decatur, Texas, a rapidly expanding community 35 miles northwest of Fort Worth along the US 287 corridor.
- AFFLUENT TRADE AREA // Decatur Boat & RV Storage benefits from a ten-mile trade area with average household incomes exceeding $111,000.
- HIGH VISIBILITY FRONTAGE // Positioned along S FM 51, the property sees approximately 7,700 vehicles per day.
- REO ACQUISITION WITH SIGNIFICANT UPSIDE // Foreclosed in late 2025, the offering presents a clean REO purchase at a basis of $23.62/NRSF.
- EARLY STAGE LEASE UP OPPORTUNITY // Currently 27.5 percent physically occupied (as of May 31, 2026), providing substantial upside through lease up and revenue management.
property summary
Decatur Boat & RV Storage is a 322-unit, 122,800 net rentable square foot boat/RV storage facility located in Decatur, Texas a town on the northwestern edge of greater DFW. The property sits on approximately 10.47 acres of land, was constructed in 2022, and has seven single story buildings. The unit mix consists of 64 fully enclosed storage units, 214 covered parking units, and 44 outdoor parking spaces. Decatur Boat & RV Storage has many amenities including a gated entry with a digital keypad, security lighting, surveillance camera, and 14 feet high roll-up doors. The driveways are primarily asphalt but the enclosed units have concrete parking surfaces and the concrete area extends approximately 10 feet on either side of the buildings.
Decatur sits about 35 miles northwest of Fort Worth along the US 287 corridor. The city is the county seat of Wise County and the facility benefits from annual household incomes that are over $111,000. The property fronts on S FM 51, which sees nearly 7,700 vehicles per day.
Decatur Boat & RV Storage offers the opportunity to purchase a recently constructed property in a growing area at a purchase price that would be far below stabilized value. Constructed in 2022, the facility was foreclosed on by the lender in late 2025 and is 27.5 percent physically occupied as of May 31st, 2026.
