Description
Reduced again! Motivated seller wants an offer. Jan-Nov 2016 gross income was $34,800 with 1 month left in year. 2015 Gross income was $33,939. Those numbers work for a strong investment. Take out 50% for expenses and you have a 13% Cap Rate! 7 bay self serve carwash built in the early 1980's. 3 vacuum islands, change machines, vending and carwash equip included with purchase. Natural gas for hot water. Reported gross income from owner over last 3 years has been in the low $30k.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Reduced again! Motivated seller wants an offer. Jan-Nov 2016 gross income was $34,800 with 1 month left in year. 2015 Gross income was $33,939. Those numbers work for a strong investment. Take out 50% for expenses and you have a 13% Cap Rate! 7 bay self serve carwash built in the early 1980's. 3 vacuum islands, change machines, vending and carwash equip included with purchase. Natural gas for hot water. Reported gross income from owner over last 3 years has been in the low $30k.
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