704 Milpa Verde Brownsville, TX 78521
This exceptional investment opportunity presents a well-established laundromat located at 704 Milpa Verde, Brownsville, Texas, 78521. Built in 1991, this special purpose property boasts a prime location and has been a thriving business for nearly 14 years. The laundromat is fully equipped with 18 washers and 24 dryers, providing ample capacity to serve a substantial clientele. The asking price for this turnkey operation is $350,000. A significant advantage for potential buyers is the availability of owner financing, making this an accessible and attractive proposition. The property's strong track record and established customer base offer a solid foundation for continued success and profitability. Situated in Cameron County, this laundromat benefits from a high-traffic area, ensuring consistent customer flow. Detailed financial records are available upon request, providing a comprehensive overview of the business's performance and potential. This is a rare opportunity to acquire a profitable, established business with owner financing options. Don't miss out on this chance to own a piece of Brownsville's thriving commercial landscape. Contact us today to schedule a showing and explore this exciting investment opportunity further.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.