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506 Junction Hwy - Express Kerrville Texas $1.95M reduced 5,148 SF Specialty Building Offered at $2,667,015 CAD at a 8% Cap Rate in Kerrville, TX 78028
Investment Highlights
- Express wash will land
- Motivated seller for all 3 wash locations as a package
- fully functional and seasoned staff in place
Executive Summary
payroll = a net of almost $10k per month. We have found a person to lease the 2 bay areas that are empty for $1100 per month-18 month lease.
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
About 506 JUNCTION HWY , KERRVILLE, TX 78028
Express car wash in San Antonio area, on .53 acre land, fully functional, Sonny's equip, 80' conveyor, built 1998, in like new condition, fully staffed with seasoned employees, 11 vacs, absentee owner. Market below asst value, motivated seller. SBA approved for loan, lenders have pre approved for a loan, call for details. Over 1400+ MEMBERSHIPS !!!!! Seller has a total of 3 express washes, all with LAND in San Antonio area, call for portfolio; can be purchased solo or as a total package for $6.6M. Kerrville as of yesterday we started hand drying all vehicles daily. $2 Price increase for all single washes and $7 increase per membership. This will increase revenue monthly by $16k and adding $6400 to payroll = a net of almost $10k per month. We have found a person to lease the 2 bay areas that are empty for $1100 per month-18 month lease.
Property Taxes
| Parcel Number | R40618 | Improvements Assessment | $1,015,502 CAD (2025) |
| Land Assessment | $240,375 CAD (2025) | Total Assessment | $1,255,876 CAD (2025) |
Property Taxes
Presented by
506 Junction Hwy - Express Kerrville Texas $1.95M reduced
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