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Marks Car Wash 2 Specialty Properties Offered at $1,200,000 in Multiple Locations


Executive Summary
For sale is a 2 car wash portfolio. Car wash 1 located on South Greenwood dr, Johnson City, Tn, has 6 manual bays and 1 automatic. Car wash 2 is located on Old Gray Station rd., Johnson City has 6 manual bays and 2 automatic washes (1 soft touch, 1 touchless). Both locations are mechanically sound but could use cosmetic updates. I am beginning the updates and price will increase as they are completed. Financial information is available upon request.
Property Facts
| Price | $1,200,000 | Number of Properties | 2 |
| Price / SF | $184.62 / SF | Individually For Sale | 1 |
| Cap Rate | 10% | Total Building Size | 6,500 SF |
| Sale Type | Investment or Owner User | Total Land Area | 1.59 AC |
| Status | Active |
| Price | $1,200,000 |
| Price / SF | $184.62 / SF |
| Cap Rate | 10% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 1 |
| Total Building Size | 6,500 SF |
| Total Land Area | 1.59 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 217 Old Gray Station Rd, Gray, TN 37615 | Specialty | 3,600 SF | 2001 | - |
| 2303 S Greenwood Dr, Johnson City, TN 37604 | Specialty | 2,900 SF | 1998 | $400,000 |
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Marks Car Wash
Marks Car Wash
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