8133 IN-66
Newburgh, IN 47630
Halo Car Wash Newburgh · Specialty Property For Sale
·
3,232 SF
Investment Highlights
- High traffic location
Property Facts
| Property Type | Specialty | Building Size | 3,232 SF |
| Property Subtype | Car Wash | No. Stories | 1 |
| Building Class | C | Year Built | 2017 |
| Lot Size | 1.00 AC | ||
| Zoning | C-01 - Commercial | ||
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 3,232 SF |
| No. Stories | 1 |
| Year Built | 2017 |
| Zoning | C-01 - Commercial |
Amenities
- Signage
About 8133 IN-66 , NEWBURGH, IN 47630
Profitable, successful, and well maintained car wash. Three year track record of increased sales and profits. Priced significantly under recent appraisal. Excellent opportunity for passive income. Owners have recently completely remodeled this location, including the addition of a new tunnel wash system. Other improvements include new credit card systems on all bays and vacuums, and a new laser automatic wash bay. Sales have almost doubled in first year. There are a total of three car washes available for sale and can be purchased separately - Newburgh @ $1,000,000, Evansville North Park @ $895,000 and Evansville Morgan Center @ $395,000. Cap rates are 11.5%, 17%, and 10.5% respectively and 13.4% combined Financials provided to qualified buyer upon request.
Property Taxes
| Parcel Number | 87-12-27-200-113.000-019 | Improvements Assessment | $148,200 |
| Land Assessment | $657,000 | Total Assessment | $805,200 |
Property Taxes
