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BTX Laundromat -Income-Producing 2 Properties Offered at $1,200,000 in Brownsville, TX
Investment Highlights
- Sale includes all equipment, vending machines, and change machines for all three locations.
- The business is being sold as-is
- Some machines are currently out of service, while others are in the process of being repaired
Executive Summary
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
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
Property Facts
| Price | $1,200,000 | Number of Properties | 3 |
| Price / SF | $104.36 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 11,499 SF |
| Status | Active | Total Land Area | 0.61 AC |
| Price | $1,200,000 |
| Price / SF | $104.36 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 11,499 SF |
| Total Land Area | 0.61 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
500 S. Central Avenue, Brownsville
500 S Central Ave, Brownsville, TX 78521 |
Multifamily | 8,280 SF | 1990 | - |
| 2900 International Blvd, Brownsville, TX 78521 | Retail | 3,219 SF | 1956 | - |
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