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.
Listing courtesy of Americana Realty of Texas.