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Car Wash Investment Portfolio 2 Specialty Properties Offered at $1,901,670 in Multiple Locations
Investment Highlights
- Centrally located in growing Winder and Monroe
- Both locations have employees in place for cleaning and basic maintenance - can be absentee run
- Addition of ceramic wax in 2025, which will drive increase in revenue
- In-place 2024 NOI of $227,865 - expected to continue to grow in 2025
- Zoned Commercial B-2/B-3 with redevelopment potential in Winder/Monroe, respectively
- Limited competition in the area and real estate is included
Property Facts
| Price | $1,901,670 | Number of Properties | 2 |
| Price / SF | $316.10 / SF | Individually For Sale | 0 |
| Cap Rate | 12.20% | Total Building Size | 6,016 SF |
| Sale Type | Investment | Total Land Area | 1.66 AC |
| Status | Under Contract |
| Price | $1,901,670 |
| Price / SF | $316.10 / SF |
| Cap Rate | 12.20% |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,016 SF |
| Total Land Area | 1.66 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 690 W Spring St, Monroe, GA 30655 | Specialty | 2,070 SF | 1991 | - |
| 78 W Athens St, Winder, GA 30680 | Specialty | 3,946 SF | 1998 | - |
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Car Wash Investment Portfolio