731 Tx-62 Buna, TX 77612

This exceptional investment opportunity in Buna, Texas, presents a diversified income stream combining a thriving laundromat and a unique short-term rental (STR). The 2,300 square foot property, situated on a 0.2-acre lot at 731 TX-62, boasts a 30% capitalization rate. The laundromat, comprising 1,500 square feet, features 17 washers (40-load capacity), 13 dryers (43-load capacity), two coin machines, a soap vending machine, and a Coke vending machine. Based on August 2024 year-to-date figures, the laundromat generates an annualized revenue of $71,324, representing a 28% return on investment. The property also includes a short-term rental, the only one in Buna, generating an annualized revenue of $11,115, yielding a 36% return on investment. The entire property, including both the laundromat and STR, is offered at $319,000. The building underwent renovations in 2023, and the 2023 property taxes totaled $735.11. This turnkey operation offers a compelling blend of stable income and high growth potential, making it an ideal investment for discerning buyers. The property includes two bedrooms.