711 Farson St - Car Washes FOR SALE


Belpre, OH 45714
$4,610,000 USD
412-286-1984
711 Farson St, Belpre, OH for Sale
$4,610,000 USD
Car Washes - FOR SALE
1/6
null | 7.5% Cap Rate

711 Farson St
Belpre, OH 45714


HIGHLIGHTS

  • Fully stabilized portfolio boasting 97% physical occupancy
  • Track record of high occupancy and consistent performance over several years
  • Opportunity to improve management and increase revenue through enhanced technology and automation
  • Very sticky tenant base with several tenants staying in units for multiple years
  • High performing car washes included at multiple locations
  • Strong percentage of renters living in the trade area with 74.40% in a 3-mile radius

OVERVIEW

Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113

FOR SALE DETAILS

PRICE

$4,610,000 USD

PRICE/SF

$803 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

2.95 AC

LAND SF

128,502 SF

ZONING

-

APN/PARCEL ID

0800-39298-000

ASK ABOUT THIS PROPERTY

Jack ConnellyMatthews Real Estate Investment ServicesMore Info
412-286-1984

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Jack ConnellyMatthews Real Estate Investment ServicesMore Info
412-286-1984

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.