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Texas Laundry Basket LLC 3 Retail Properties Offered at $1,348,929 CAD in Multiple Locations
Investment Highlights
- Recession-Resilient Industry
- Income producing operation
- Cash based business with strong historical demand
Executive Summary
Situated in Angelina County, this rare portfolio of three thriving and well-established laundromats presents an outstanding opportunity for investors seeking a steady, cash-based income stream combined with the benefit of owning actively appreciating real estate. Each location serves a distinct demographic with a loyal, repeat customer base and offers additional upside through operational efficiencies, equipment upgrades, and expanded services. This package of income-producing facilities is recognized as part of a recession-resilient, multi-billion-dollar industry, making this portfolio an excellent long-term investment. Based on seller-provided financials, the portfolio is projected to generate approximately $160,000 in annual net income.
Property Facts
| Price | $1,348,929 CAD | Number of Properties | 3 |
| Price / SF | $228.63 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 16% | Total Building Size | 5,900 SF |
| Sale Type | Investment | Total Land Area | 1.22 AC |
| Status | Active |
| Price | $1,348,929 CAD |
| Price / SF | $228.63 CAD / SF |
| Cap Rate | 16% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 5,900 SF |
| Total Land Area | 1.22 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 904 N Temple Dr, Diboll, TX 75941 | Retail | 2,400 SF | 1983 | - |
| 1318 Paul Ave, Lufkin, TX 75901 | Retail | 1,900 SF | 1984 | - |
| 1111 E Denman Ave, Lufkin, TX 75901 | Retail | 1,600 SF | 1983 | - |
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Presented by
Platinum Properties and Ranches
Texas Laundry Basket LLC
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