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Opportunity Zone

Car wash portfolio - 10% cap

Owner-User | 9 locations | 9.8 % CAP

Listing Contacts

Active

Asking Price: $4,900,000
Listing Broker NameRyley Mclellan
Address (9 locations)

625 Rowland Dr, Moultrie, GA 31768

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143 U.S. Hwy 19, Camilla, GA 31730

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200 S Mock Rd, Albany, GA 31705

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101 17th St W, Tifton, GA 31794

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1505 Radium Springs Rd, Albany, GA 31705

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202 N Davis St, Nashville, GA 31639

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601 W 4th St, Adel, GA 31620

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400 W Main St, Hahira, GA 31632

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702 W 5th St, Adel, GA 31620

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Date Added
Sep 11, 2023
Days on Market
587 days
Time Since Last Update
21 days

Details

Property TypeBusiness for Sale
SubtypeBusiness and Building
ClassB
Cap Rate10.12%
NOI$495,761
Units9
ZoningC3 - Commercial

Marketing Description

Woodlock Capital is pleased to present this portfolio of 9 turn-key car washes along the I-75 corridor and across southern Georgia.​ Each parcel is zoned C3 - Commercial providing flexibility for redevelopment.​ This portfolio also features:

  • A total of 27 self-service bays and 6 automatic bays.​

  • 8 of the 9 sites were built in the late 1980s - early 2000s alongside a new construction site that opened in Jan 2023.​

  • Total traffic count of 94,360± VPD

  • Average parcel size of 0.54

  • An additional 0.91-acre site ready to be developed

  • $800,000+ Gross Revenue

Links to Facebook Business page:

https://www.​facebook.​com/atthecarwashmoultrie

https://www.​facebook.​com/atthecarwashtifton

https://www.​facebook.​com/atthecarwashcamilla

https://www.​facebook.​com/ATTHECARWASHADEL

https://www.​facebook.​com/atthecarwashadel2

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$495,761.00
$41,313.42/mo

Valuation Metrics

0
DSCR
10.12%
Cap Rate
10.12%
ROI
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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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Broker of Record
Ryley Mclellan
Broker of Record: License Type
SC 135276
Broker of Record: Company Address
2201 Mechanic St
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