512 Highway 70 E, Kingston, OK 73439
sale
$899,000
|
Other
Courtesy Of eXp Realty, LLC
Great investment opportunity in a rapidly growing area. 10% CAP on this well maintained car wash facility. Features include a deep water well so no water supply is needed which is a huge cost savings, also hooked up to city water as a backup, extra large bays to accommodate RV, boats, and Large trailers, bay cleanout trailer included in the sale (typically the service is $1000+ and has to be done quarterly, this eliminates the need for that service which is a savings of $10,000 annually. Wash prices were just increased in June 2025, projecting an increase in NOI of approximately $10,000 annually. Automatic equipment was installed in 2021 and is located 2 miles from the new Hardrock resort and casino and Vista Point development.
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Property Features
- Age: 21-30 Years Old
- Exterior Type: Brick
- Legal Description: SEC 31-6-6; A TRACT IN THE NE NW NE, SEC 31-6-6; BEG 40' S OF NE COR OF THE NE NW NE, SEC.31; THENCE W 100'-S 88'-W 50'-S 125' THENCE N/EAST ALONG THE HIGHWAY R/W TO INTERSECTION OF EAST BOUNDARY LINE OF THE NE NW, SEC.31; THENCE NORTH TO THE POINT O F BEGINNING. (MIRAGE OF TEX. CARWASH)
- MLSID: 2524943
- Roof Type: Metal
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