Detail

update dateApril 27, 2022 publish DateApril 27, 2022 Total views 56
  • Type: Retail
  • Status: Active
  • Listing ID:7227
  • Financing: Bank Financing
  • Real State Included: Yes
  • Bulding status: Existing
    • Description

      Absentee-Owned Car Wash with Property in Douglasville, GA | Metro-Atlanta! Priced to Sell at a 8.7% Cap Rate!

      Major apartment complex development underway right across from the property! 2 miles from a proposed 7-acre mixed-use development with commercial and residential spaces!

      Raw land adjacent to the property is for sale for $350,000! Purchase an already developed property with equipment and a business generating income instead!

      Average daily traffic count of 16,400! 2 mins from a mobile home park! Located in a residential neighborhood with a population of 100,000 within a 5-mile radius!

      Car wash has 4 self-service stations and 2 auto-service bays with Vacuums included!

      Property is 1.24+/- acres!

      Seller only visits once a week to pick up cash!

      Yearly Net profit is over $34,600 AFTER paying $7,800 in Payroll and all other expenses!

      Asking Price for Business with Commercial Property is only $399,000! An 8.7% Cap Rate Deal in Metro-Atlanta that won’t last long!

      If interested, please give us a call anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

      Highlights

      .Absentee-Owned Car Wash with Property in Douglasville, GA | Metro-Atlanta! Priced to Sell at a 8.7% Cap Rate!
      .Absentee-Owned Car Wash with Property in Douglasville, GA | Metro-Atlanta! Priced to Sell at a 8.7% Cap Rate!
      .Raw land adjacent to the property is for sale for $350,000! Purchase an already developed property with equipment and a business generating income instead!

      Financial Details

        AnnualPer SF
        Gross rental income: $64,800 $Infinity
        Other Income:
        Operating Expenses:
        Property Taxes:
        Total Expenses:
        Net Operating Income: