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33414858
33414866

420 W 22ND ST, TUCSON, AZ 85713

CC
AZ Br526589000
Omni Homes International
Listed by Omni Homes International
$895,000
6 days on market
Updated 6 days ago

420 W 22ND ST TUCSON AZ 85713

Details
APN 117-09-113A
Property Type Special Purpose, Business for Sale
Sub Type Car Wash, Business and Building
Square Footage 10,890
Units 5
Cap Rate 8.29%
NOI $121,960
Pro-Forma NOI $74,216
Class B
Year Built 1980
Year Renovated 2024
Stories 1
Lot Size (SqFt) 10,890
Zoning Tucson C-1
Ground Lease No

For Sale Car Wash- Development Opportunity

Marketing description

Special Purpose • 05/01/2023

Investment highlights

Self Service Car Wash in business since 1973. Sale includes Car Wash and adjoining three vacant lots. Located on a desirable corner lot close to I-10, the 22nd Street Gem & Mineral Show, and downtown Tucson. Sale includes tax code numbers 117-09-114B, 117-09-113A, 117-09-110A, and 117-09-109B. Car wash has been under new management and has undergone approximately $200,000 in new equipment from the new owners, along with a full remodel to every system - including new coin vaults, plumbing, water line, low pressure soap systems, electrical, vacuums, credit card readers, and much more. The large adjoining vacant lot provides additional potential for parking, storage, food truck use, or other income-producing opportunities. Seller is licensed to sell real estate in Arizona.

Listing Contacts

CC
AZ Br526589000
Omni Homes International
Listed by Omni Homes International

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$121,960.00
$10,163.33/mo

Valuation Metrics

0
DSCR
13.63%
Cap Rate
13.63%
ROI

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Additional Information

Name
Calvin Case
License
Br526589000
Brokerage
OMNI Homes International
Brokerage Phone
5555555555
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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