7258 Alameda Avenue, El Paso, Texas 79915

$199,900
15,377
SqFt
List Price
$199,900
Days on Market
104
MLS#
808365
Status
ACTIVE
Sq. Ft
15,377
Acres
1
Subdivision
Ysleta

Property Description

9002 Betel El Paso, Texas, 79936, is a 7 bay self-service car wash with 6 vacuums, 1 combo fragrance machine and 5 vending machines. The property includes a snack bar that rents for $650 per month (Seller pays utilities). 2018 Gross Car Wash Revenue was $57,248, Expense was 24,013.85 and NOI was 33,234.15. Additional income from the snack bar rent was $7,800, so total net income was $41,034.15, providing a Cap Rate of 10.52% on the asking price of $389,900.

Additional Information

HOA
Yes
Taxes
$4,425
Stories
1
Construction
Frame, Stucco
Parking Spaces
4
Fireplaces
15377
Heating
Electric

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Americana Realty of Texas.