Welcome to Flippers Car Wash and retail center: The property is located on 1. 5 acres.
Flippers Car Wash offers the ultimate car cleaning experience with the state-of-the-art facilities. Car wash includes a high-efficiency tunnel wash and five convenient self-service bays.
High visibility: Located on a busy road with approximately 15, 000 traffic a day. Publix shopping center , CVS , Chase Bank, Speedy Gas station, Verizon wireless and other high profile retailers located within 1000 ft. Excellent visibility and easy access.
Ample Parking; Plenty of parking spaces for customers and retail tenants
Growth Potential: opportunity to expand services: Detail center, Pet wash services and by developing additional retail units and offices.
Turnkey Operation: fully operational with established customer base and trained staff. Credit card and cash transactions accepted for all services.
Financials:
Property features 2 leased retail spaces and upstairs office that generate additional monthly revenue.
Self-service Vacuums generate additional revenue.
Monthly subscriptions generate a consistent income Stream.
Property includes . 5 acres Vacant land zoned for commercial development.
Financing: conventional financing, SBA and other financing options are available.
Great investment opportunity with current cap rate at 7. Potential as high as 15. Owner is highly motivated
Call me and we can discuss all options available for financing this fantastic business and real estate opportunity.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,980,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,584,000 | $1,584,000 | $1,584,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.876% | 6.725% |
Monthly Tax Payment | $1,750 | $1,750 | $1,750 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,143 | $10,274 | $13,798 |
Total Monthly Payment | $12,018 | $12,149 | $15,673 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.