Description
The KataLYST Team as part of KW Commercial is pleased to market for sale this self-service carwash conveniently located in the Drake neighborhood. This self-service carwash consists of 4-Drive In stalls.
This carwash is being offered at a true 9.48% Cap rate which offers the ability to have immediate cash flow! Coupled with attractive tax-benefits this is a great investment for the new or growing investor!
Details
Address: 2101 University Ave
City & State: Des Moines, IA
Current Price: $530,000
Lot Size: 0.364 Acres
Cap Rate: 9.48%
Year Built: 1978
Property Highlights
Prime Location: Self-service carwash situated in the convenient Drake neighborhood.
Facility Features: Includes 4 drive-in stalls for easy access and efficient operation.
High Cap Rate: Offered at a true 9.48% Cap rate, ensuring immediate cash flow for investors.
Attractive Tax Benefits: Offers significant tax advantages, making it an appealing investment.
Ideal for Investors: Perfect opportunity for new or growing investors seeking a profitable venture.