Listed by Claya Commercial Real Estate
$1,200,000
Income-Producing Laundromat Portfolio
Details
Property Type Business for Sale
Sub Type Business and Building
Units 3
Buildings 3
Acreage 1.000
Business for Sale
Marketing description
Newly adjusted pricing creates an exceptional opportunity to acquire an established multi-location laundromat operation with real estate included.
Ownership has repositioned the offering to accelerate a sale and attract qualified buyers seeking both cash flow and long-term real estate value.
This offering includes three established laundry locations that have been operating for many years and are being sold together. The portfolio is currently generating approximately $10,000/month in net income, with upside through operational improvements.
This is a three-location portfolio generating income today, with strong long-term upside, particularly due to the two high-traffic corner properties along major Brownsville corridors.
Investment highlights
- Location #1 -650 W Elizabeth St. – Property owned / Hard Corner (included in sale)
- Location #2 - 2900 International Blvd. – Property owned / Hard Corner (included in sale)
- Location #3 - 500 S Central Ave. – Lease
- Rent: $1,645/month + NNN
- Term: Through May 2027 with two (5-year) renewal options
- Sale includes all equipment, vending machines, and change machines for all three locations.
- Some machines are currently out of service, while others are in the process of being repaired
- The business is being sold as-is
Listing Contacts
Listed by Claya Commercial Real Estate
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