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Oklahoma City 9 Car Wash Portfolio

9 Specialty Properties Offered at $14,100,000 in Multiple Locations

Investment Highlights

  • High Capitalization Rate
  • Strong Financials
  • Little to No Differed Maintenance
  • Owner Willing to Separate Portfolio
  • Regionally Located

Executive Summary

The portfolio being offered is comprised of 9 different washes spread throughout the Oklahoma City Metropolitan area. The sale of the assets includes the business, buildings, and underlying real estate. Car washes present excellent accelerated depreciation opportunities for tax savings. Under IRS Code Sections 179 & 168(k), these types of properties can qualify for very high business expense deductions of the cost and bonus depreciation in the first year. The seller is willing to sell some of these assets in separate packages. Please inquire to Ethan or AJ for additional details on separating the portfolio.

Attachments

Short Brochure

Property Facts

Price $14,100,000
Price / SF $354.40 / SF
Sale Conditions Bulk/Portfolio Sale
Cap Rate 11.86%
Sale Type Investment
Status Active
Number of Properties 9
Individually For Sale 0
Total Building Size 39,785 SF
Total Land Area 10.64 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
3817 N Meridian Ave, Oklahoma City, OK 73112 Specialty 4,000 SF 2003 -
5717 NW 23rd St, Oklahoma City, OK 73127 Specialty 7,504 SF 1984 -
2060 E 2nd St, Edmond, OK 73034 Specialty 4,844 SF 2000 -
805 NE 12th St, Moore, OK 73160 Specialty 3,788 SF 2004 -
Foam Brite Car Wash Portfolio
2370 S Douglas Blvd, Oklahoma City, OK 73130
Specialty 5,376 SF 2001 -
11100 E Reno Ave, Midwest City, OK 73130 Specialty 4,634 SF 2004 -
Xtreme Auto Wash
8005 NW 39th Expy, Bethany, OK 73008
Specialty 4,217 SF 2007 -
1300 S Post Rd, Oklahoma City, OK 73130 Specialty 2,868 SF 1986 -
Apublix Carwash
5102 S Sooner Rd, Oklahoma City, OK 73135
Specialty 2,554 SF 2004 -
Show More > < Show Less
  • Listing ID: 32786246

  • Date on Market: 8/13/2024

  • Last Updated:

  • Address: Oklahoma City 9 Car Wash Portfolio, Oklahoma City, OK

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