| Type: | Property |
| Address: | 9352 Park Street, Bellflower, CA, 90706 |
| Bedrooms: | N/A |
| Bathrooms: | N/A |
| Year Built: | N/A |
| Sq. Footage: | N/A |
| Price/Sqft: | N/A |
| Property Tax: | new! $3,518 |
| Price: | $425,000 |
| Sale Type: | For Sale by Agent |
Description
Additional features: School district: , , ,
Offered as part of a three car-wash portfolio, this bite-sized self-service car wash investment opportunity includes both the real estate and the car wash business -- ideal for a small investor/owner user. Traffic counts from the 91 Freeway exceed 239,000 vehicles per day, while the Clark/Park intersection generates over 25,000 vehicles per day. In these difficult economic times, the savvy investor will recognize the recession-proof capabilities of this business. Additionally, this location - as well as the other two offered in the portfolio - currently have wash rates 25 percent below market. Market rate is $1 for two and a half minutes. The subject currently charges $1.50 for four minutes, offering income upside for the new owner. The surrounding residential community consists of many small to mid-sized apartment complexes and traditional single-family residences. The residents are primarily blue-collar workers. This demographic is ideally suited for a self-service car wash.
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