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623 BROADWAY ST
WATERLOO, IA 50703
Asking Price
$500K
Asset Type
Business and Building Retail
Class
Class B
What's Special
Fully operational laundromat for sale - exceptional, turn-key opportunity! <p><span style="color: rgba(0, 0, 0, 1)">An exceptional, turn-key commercial opportunity awaits. Sale includes both the real estate and profitable, fully operational laundromat business. The well-maintained 3,492 square foot building features a bright, clean, and modern layout designed for maximum operational</span></p><p><span style="color: rgba(0, 0, 0, 1)">efficiency and customer comfort. Equipped with high-end, top-tier commercial washers and dryers and spacious folding stations, this busine
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NOI
$80,000
Cap Rate
16.00%
DSCR
2.70
Strong
Cash-on-Cash
33.55%
Monthly Payment
$2,473.232
Annual Cash Flow
$50,321.211
