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Three Car Washes: Car Wash Inn

3 Specialty Properties Offered at $1,950,000 in Cincinnati, OH

Investment Highlights

  • Three, active, well maintained, self-service car washes with one automated tunnel
  • Easily accessible from dense neighborhoods and major throughofares
  • 1031 exchange or cash Buyers: Make 10+% returns on day one with room to grow the business
  • Excellent locations with incredible value in the real estate

Executive Summary

FOR SALE- Established, cash flowing investment opportunity in portfolio sale of three, well maintained, 6-bay (5 self-serve, 1 automated) car wash businesses in excellent locations. Incredible value solely in the real estate. Sale price includes fixtures, equipment and inventory. Each building is situated on high value, corner location with pylon signage. T-12 gross sales of approximately $400,000 with existing upside (currently prices are $1-$2 per wash below market). With proper management, this business is a high yield, passive investment with room to grow.              
     -THESE PROPERTIES CAN ONLY BE SOLD AS A PACKAGE

Property Facts

Price $1,950,000
Price / SF $214.71 / SF
Sale Type Investment NNN
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 9,082 SF
Total Land Area 1.26 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
3701 Madison Rd, Cincinnati, OH 45209 Specialty 3,194 SF - -
6742 Montgomery Rd, Cincinnati, OH 45236 Specialty 3,262 SF - -
Car Wash Inn
6911 Blade Ave, Cincinnati, OH 45216
Specialty 2,626 SF 1986 -
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  • Listing ID: 28999134

  • Date on Market: 7/14/2023

  • Last Updated:

  • Address: Three Car Washes: Car Wash Inn, Cincinnati, OH

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