8.7% Cap Rate! Absentee-Owned Car Wash with Property in Douglasville, GA | Metro-Atlanta!
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update dateApril 27, 2022 publish DateApril 27, 2022 Total views 56Description
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
Financial Details
| Annual | Per SF | |
|---|---|---|
| Gross rental income: | $64,800 | $Infinity |
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