230 Standard St
Elkin, NC 28621

Description

Reduced again! Motivated seller wants an offer. 2018 Gross income was reported at $40,264. Those numbers work for a strong investment. Take out 50% for expenses and you have a 20% Cap Rate! 7 bay self serve carwash built in the early 1980's. 3 vacuum islands, change machines, vending and carwash equip included with purchase. Natural gas for hot water. Reported gross income from owner over last 3 years has been in the low mid $30ks.

Details

MLS#755084
Sub-TypeResale
StatusActive
Year1981
Days On Site1123

Features

SQ Feet2,790
Story(s)0
ZoningNA

Market Activity 28621

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Area Information

StateNC
CountySurry
CityElkin
Zip Code28621
AreaSurry
Listing VS Median (in 28621)
Price:
$99,000
low | high
Med:
$129,900
18.787878787879% of Average
SqFt:
2,790
low | high
Med:
1,680
89.784946236559% of Average
$ / SqFt:
$35
low | high
Med:
$77
67.905844155845% of Average
On Site:
1123
low | high
Med:
0
Listing Updated: 06/16/2019
MLS Number: 755084
Listing Provided By:
Robert Ball  of  Underdown Ball Associates LLC