SOLD | Commercial | 7-Bay Self-Serve Car Wash | Elkin

Portfolio Categories: Commercial.

SOLD |  Motivated seller wants an offer. 2018 Gross income was reported at $40,264. Those numbers work for a strong investment. Take out 50% for expenses and you have a 20% Cap Rate! 7 bay self serve car wash 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 mid $30ks.

MLS No. 755084  | $85,000