8030 NW 122nd St - Car Washes FOR SALE


Oklahoma City, OK 73142
$825,000 USD
405-305-9083
8030 NW 122nd St, Oklahoma City, OK for Sale
$825,000 USD
Car Washes - FOR SALE
1/8
null | 11.52% Cap Rate

8030 NW 122nd St
Oklahoma City, OK 73142


HIGHLIGHTS

  • Brand new in bay touch-less automatic less than 18 months old

OVERVIEW

This semi-renovated self-service carwash is very well located at the corner of NW 122nd and N. Council Ave in NW OKC with many new developments in the area. This is a great investments opportunity for a buyers looking for passive 1 hour a day commitment business. The carwash runs itself for most part with very little attention and with another $50K plus renovation to beautify this property, it could be a great long term investment for an investor looking for additional side income. This carwash underwent extensive renovation of around $350K plus in the last 18 months including addition of brand new in-bay touchless automatic which retails for $250K plus and with a little more marketing exposure the wash can easily double in gross in next 12-24 months. Its a great turn-key assets for someone looking to own their own business without giving up their full time job or a great addition to your carwash portfolio or other semi-passive investments. Sellers are selling due to other business interest and this is "as is" sale with their current lender willing to finance this asset upon credit approval and 20-25% down payment as required by the bank. Financials will be provided with an signed NDA and proof of fund from all vetted buyers. Don't wait as this won't last long with summer business in full swing!

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$275 USD /SF

CAP RATE

11.52%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,247 SF

ZONING

-

APN/PARCEL ID

140807023

ASK ABOUT THIS PROPERTY

Maya PatelHREC Investment AdvisorsMore Info
405-305-9083

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Maya PatelHREC Investment AdvisorsMore Info
405-305-9083

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