Ekko Car Wash
2 Acres of Commercial Land Offered at $1,300,000 USD in Pasadena, TX 77502
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,300,000
- Sale Condition
- Build to Suit
- Property Type
-
Land
Listing Contacts
Kate Wiktoria Myhan - Houston Top
Verified Profile
- Property Info
Property Overview
Seize the opportunity to own a distinctive mixed-use commercial gem in Pasadena's bustling core. Positioned on a lively street, this property not only offers versatility with its multiple hand car wash bays—ready for operation or upgrade to automatic systems—but also boasts 22 rentable storage units and additional space for storage containers, enhancing its income potential. Accompanied by 2 modular homes, which are a rare find and promise substantial rental income in Pasadena’s vibrant market, this investment is further sweetened by the possibility of adding a food truck rental spot for extra revenue or more storage. Despite the lack of formal financial records, the current occupancy and income generation from the majority of the storage units and modular homes speak volumes about its profitability. This is a not-to-be-missed chance to diversify your investment portfolio in a prime location.
Owner has no financials available. he lives out of country. Do not talk to tenants when visiting property. All information can be verified while do diligence with EM deposited. Storage market rent: 150$ Modular homes: 700$ Building 3200$ lease for juice store Seller not provided copies of the leases.
Owner has no financials available. he lives out of country. Do not talk to tenants when visiting property. All information can be verified while do diligence with EM deposited. Storage market rent: 150$ Modular homes: 700$ Building 3200$ lease for juice store Seller not provided copies of the leases.
Property Details
- Property Subtype
- Commercial
Highlights
- Value Add
- Multiple Streams of Income
- Operating Business - Car Wash
- Storage
- Seller Financing at 1.3M , 500K down , 20 amortization , 5 year term @10%
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