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2313 Post Road
Warwick, RI 02886
Asking Price
$2.50M
Asset Type
Car Wash Special-purpose
Class
Class B
What's Special
Owner User Investment Opportunity <ul><li><strong>Established Express Car Wash with Recurring Membership Base</strong><span> – The property operates as an established express car wash with a strong membership program, providing recurring monthly revenue and a consistent in-place customer base within the Warwick trade area.</span></li><li><strong>Prime High-Traffic Location Near TF Green Airport</strong><span> – Strategically positioned along Post Road with traffic counts exceeding 28,600 vehicles per day, the property benefits
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NOI
$80,000
Cap Rate
3.20%
DSCR
0.54
Underwater
Cash-on-Cash
-9.12%
Monthly Payment
$12,368.636
Annual Cash Flow
$-68,423.631