Water U Doing
803 W Main Street, Atlanta TX, 408 Walton Drive, Texarcana TX , Texas
Property Details
2,995,000
409,926
5,104 sq ft
Description
🚗 High-Yield Car Wash Portfolio | 13.69% Cap | Value-Add Opportunity Rare opportunity to acquire a two-location car wash portfolio located at 803 W Main Street Atlanta and 408 Walton Drive, Texarcana located approximately 30 minutes apart, offering a combination of stable local demand and regional traffic exposure. The portfolio operates with a highly automated, low-labor model, providing operational efficiency and scalability. Atlanta: Self-Serve + In-Bay Automatic (IBA), primary revenue-generating location Texarkana: In-Bay Automatic featuring a laser wash system installed in 2023, operating in like-new condition 💸 Strong In-Place Cash Flow $525,000 gross income Over 100% growth in the last year with significant upside $409,926 NOI 13.69% cap rate 📈 Immediate Value-Add Current pricing is below market levels Opportunity to increase rates by approximately $2–$4 per wash Strong adoption of premium wash tiers 🚀 Investment Highlights Recent capital improvement (2023 equipment upgrade) Low labor / automated operations Two complementary markets (local + regional demand) Consistent revenue with upward trend Multiple paths to increase income 🎯 Summary This portfolio offers investors a high-cash-flow, operationally efficient investment with in-place income and clear upside through pricing and operational optimization.
Location
803 W Main Street, Atlanta TX, 408 Walton Drive, Texarcana TX , Texas
