516 Friendship Ln

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516 Friendship Ln

Fredericksburg, TX 78624
Asking Price
$2.00M
Asset Type
Car Wash Special-purpose
Class
Class B

What's Special

Express Wash - Growing Market - Texas <ul><li>​Owner/User Opportunity – Rare opportunity to acquire the operating business, real estate, and improvements for this established express tunnel car wash.</li><li>​Modern Express Wash Facility – Built in 2015, the property features a well-maintained express wash tunnel in one of Texas' strongest tourism-driven markets.</li><li>​Limited Competition – One of only two tunnel car washes serving Fredericksburg, creating a strong competitive position with meaningful upside potential.</li><li>​S

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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.46%
Monthly Payment
$9,894.909
Annual Cash Flow
$-38,738.905

Location & Travel Times