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    • Storage Units
    • Investing In Emporia 716
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    • Home
    • 2910 Hwy 50
      • Property Overview 2910
      • Investing In Emporia 2910
      • Brochure
    • 2606 Hwy 50 - Emporia
      • Property Overview 2606
      • Investing In Emporia 2606
      • Property Brochure
    • 716 Twelfth Street
      • Property Overview Comm'l
      • Car Wash
      • Storage Units
      • Investing In Emporia 716
    • Agents
    • Contact Us
  • Home
  • 2910 Hwy 50
    • Property Overview 2910
    • Investing In Emporia 2910
    • Brochure
  • 2606 Hwy 50 - Emporia
    • Property Overview 2606
    • Investing In Emporia 2606
    • Property Brochure
  • 716 Twelfth Street
    • Property Overview Comm'l
    • Car Wash
    • Storage Units
    • Investing In Emporia 716
  • Agents
  • Contact Us

Car wash & Storage Units Investment Property

Contact Agent Today

Property highlights

Investment Property

716-726 East 12th Street - Emporia Kansas


Steady reliable income

Two businesses on one property

Turnkey operation with everything included

Emporia Kansas is a thriving and engaging community

Earn income with only 5-7 hours per week (or outsource maintenance)

Download property brochure PDF

TWO REvenue STreams

Car wash with five bays

  • Three covered self-serve bays with updated equipment 
  • One covered bay with automated car wash equipment
  • One open self-serve bay for larger vehicles

Car wash details

 

Self-Storage Rental Units

51 storage units

12 year average rental length

10% turnover per year

Storage Units

Learn more about this great investment opportunity!

Great Location - High Traffic Area

Great Location - High Traffic Area

Great Location - High Traffic Area

Great location:  This property has a great location on 12th Street in a high traffic area. The property is located within blocks of Emporia State University and thriving downtown Emporia. Emporia Kansas is a great place to invest.

Investing in Emporia

Agent Notes - Two revenue streams

Great Location - High Traffic Area

Great Location - High Traffic Area

Agent notes: Wow! This property is easy to manage with minimal time investment. You could manage this property easily with 5 to 7 hours each week or could outsource property/rental management to a third party to reduce your operational time. Property has two distinct sources of revenue for diversity. Revenue is extremely stable/predictable and should result in a great return on your investment for many years to come. 

Security and Support

Security and Surveillance 


The surveillance system was installed in 2018 by Kansas Security. There are a total of six cameras that monitor all access points to the car wash with partial coverage for the storage units. The system records footage and offers live viewing via any internet device.


Support Available


The current owner would consider providing one year of technical support and training regarding maintenance on the car wash equipment. Any support arrangements would need to be negotiated and included in the sales contract. 

Financial Facts

TWO REVENUE STREAMS FOR ADDED REVENUE STABILITY

List Price - $1,060,000


This asking price includes everything that you need for a solid return on investment.


Sale and Financial Statistics


NOI = $101,101 (less one-time upgrade signage and paint)

Gross car wash income = $149,546

Cap rate = 10.2%


Current Revenue:


This is an ideal property for an investor that wants a steady predictable income stream from two separate revenue sources.


  • 51 self-storage units
  • Car wash with 5 bays


Great turnkey operation with everything that you need. 

Price includes everything that you need to operate and manage this property for maximum return on investment.


Operational upside: The current owner is not focused on increasing rents for storage units. Currently, those rentals have a twelve-year average rental length. There is the possibility of increase rental rates to current market rates to increase revenue. 


OTHER PAGES ABOUT This Great investment Property

Property Overview

Property Overview

Property Overview

Car Wash

Property Overview

Property Overview

Storage Units

Property Overview

Investing in Emporia

Investing in Emporia

Investing in Emporia

Investing in Emporia

Property PDF

Investing in Emporia

Property PDF

Property Details

Download Property PDF

Contact Victor Edelman for showing

Contact Victor Edelman | Cell: 620-366-0339 | Email: realestateve@gmail.com

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