Listed by Rinnier Development Company
$2,795,000
Wash It Car Wash & Mini Storage
Details
Property Type Business for Sale, Mixed Use
Sub Type Business and Building
NOI $233,000
Stories 1
Lot Size (SqFt) 13,600
Investment Type Owner/User
Sale Condition For sale by owner
Business for Sale
Marketing description
Salisbury Car Wash and Mini-Storage Income Producing Property is located on Parsons Rd in Salisbury, MD. Easily Accessed from Traffic of West Salisbury Neighborhoods. Car Wash has 2 Automatic Washes, 4 Self-Serve Washes and 8 Vacuum Stations. Attached Mini-Storage Facility has 107 Units from 5'x10' to 10"x30" with Average Monthly Rentals of $130. Upside by Increasing Rental Rates to Market Estimated at +$26,000 annually. Details Available with Confidentiality Agreement.
Listing Contacts
Listed by Rinnier Development Company
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$233,000.00
$19,416.67/mo
Valuation Metrics
0
DSCR
8.34%
Cap Rate
8.34%
ROI
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