1318,1111,904 Paul Avenue, Lufkin, TX 75901
sale
$999,999
|
Industrial
Courtesy Of Platinum Properties
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.
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Property Features
- Age: 41-50 Years Old
- Architecture Style: Other
- Exterior Type: Brick
- Heating System: Electric (Heating)
- Heating System: Heat Pump (Heating)
- MLSID: 65107422
- Roof Type: Composition
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