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Updated almost 2 years ago,

Travis Reed's profile image
Travis Reed's profile image
Travis Reed
  • Member since Mar 15, 2019
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40
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22
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Travis Reed's profile image
Travis Reed's profile image
Travis Reed
  • Member since Mar 15, 2019
Connect
Travis Reed
22
Votes |
40
Posts
Commercial Real Estate Investing

Laser car washes difficult to manage??

Travis Reed
Posted

A laser car wash popped up for sale locally and is advertising an awesome 11% cap rate. Is this typical for a car wash? Usually higher cap rate indicates a risky investment or am investment that is difficult to manage. Anyone have experience? This appears to be a drive through laser car wash and 4 stalls with access to a vacuum cleaner. 

Tyler, Texas
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