5250 CYPRESS STREET,  West Monroe LA, 71291

(Active)
$1,550,000
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MLS# 188517
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Last Updated: 6/7/2020 4:45 AM
Description for 5250 CYPRESS STREET West Monroe, LA 71291
This well established, highly profitable car wash business includes two automatic drive-thru bays, plus five hand wash bays and car vaccums. The profit to Gross Income is approximately 66% with the NOI at almost $200,000 and a cap rate of 12.25%. Located very near Well Road intersection of Hwy. 80 (Cypress St.) which connects with Interstate-20 - Well Rd. Exit. Across from Walmart Neighborhood Market, restaurants, banks and businesses. The ADV count is estimated at 30,000 vehicles. There is an additional lot available behind the carwash for $9.00 PSF. Also another lot available for access to Butler St. behind the carwash. All measurements approximate. Information provided for this listing is deemed reliable, but not guaranteed.
Price
$1,550,000
OTHER
188517
Active
Description
This well established, highly profitable car wash business includes two automatic drive-thru bays, plus five hand wash bays and car vaccums. The profit to Gross Income is approximately 66% with the NOI at almost $200,000 and a cap rate of 12.25%. Located very near Well Road intersection of Hwy. 80 (Cypress St.) which connects with Interstate-20 - Well Rd. Exit. Across from Walmart Neighborhood Market, restaurants, banks and businesses. The ADV count is estimated at 30,000 vehicles. There is an additional lot available behind the carwash for $9.00 PSF. Also another lot available for access to Butler St. behind the carwash. All measurements approximate. Information provided for this listing is deemed reliable, but not guaranteed.
Listing Information
Property Type: Other
$0 Brick Veneer
OTHER
Public Sewer,Public Water
Neighborhood
Room Information
Interior Features
Concrete
None
Other
Other
Exterior / Lot Features
Other,Parking/1 - 9 Spaces
Brick Trim/Veneer
Composition
Lighting/Security,Other, Located in Parish,See Remarks
Financial Considerations
Cash,Conventional
Listing Price History

West Monroe Real Estate

West Monroe is located in Louisiana. West Monroe, Louisiana 71291 has a population of 13,360.

The median household income in West Monroe, Louisiana 71291 is $43,353. The median household income for the surrounding county is $36,222 compared to the national median of $50,013. The median age of people living in West Monroe 71291 is 35 years.

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Courtesy: Tri State Properties, LLC
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2020 Northeast Louisiana Board of Realtors. All rights reserved.
This content last refreshed on 6/7/2020 4:45 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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