2550 Goliad RdSan Antonio, TX 78223

For Sale
$4,494,375

High-Return Auto Wash Investment

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional portfolio offers four established self-service car washes in San Antonio, Texas. Strategically located at 2550 Goliad Rd (78223), 2830 Rigsby Ave (78222), 1718 Goliad Rd (78223), and 1743 Rigsby Ave (78210), within Bexar County, this portfolio comprises a total of 38 bays. The asking price is $4,494,375, presenting a compelling 11.97% cap rate. This represents a significant opportunity to acquire immediate market share in a thriving MSA. The portfolio boasts a proven operating history exceeding 50 years, demonstrating consistent performance and established clientele. The properties offer an owner-user opportunity, allowing for the acquisition of the business, buildings, and underlying real estate. Furthermore, significant tax advantages are available through accelerated depreciation options under IRS Code Sections 179 & 168(k), potentially allowing for business expense deductions up to 80 percent of the cost and bonus depreciation in the first year. This portfolio provides a high return on investment, exceeding current financial market rates, making it an attractive proposition for discerning investors seeking a stable and profitable venture in the robust San Antonio market. The properties are classified as retail, with the subtype of Auto Shop.

Highlights

  • Acquire four locations (38 bays) within the same MSA for immediate market share.
  • Benefit from accelerated depreciation, potentially deducting up to 80% of the cost in the first year via IRS Code Sections 179 & 168(k).*
  • Owner-user opportunity to acquire the business, building, and land.
  • Established locations with a 50+ year operating history.
  • High ROI compared to current market rates.

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.357667
Longitude
-98.4342021
2550 Goliad Rd, San Antonio, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2550 Goliad Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message