710 Milpa Verde Brownsville, TX 78521
This exceptional investment opportunity presents a well-established laundromat located at 710 Milpa Verde, Brownsville, Texas, 78521. Built in 1991, this special purpose property is offered at $349,500 and boasts a prime location within the Brownsville community. The laundromat has been a successful business for nearly 14 years, providing a consistent revenue stream for its owner. The property includes a substantial amount of laundry equipment, comprising 18 washers and 24 dryers, ensuring ample capacity to serve a large customer base. The existing infrastructure and established clientele provide a solid foundation for continued success. A significant advantage for potential buyers is the availability of owner financing, making this an attractive proposition for those seeking flexible payment options. This turnkey operation requires minimal setup and offers immediate income potential. The property's location in Brownsville, Cameron County, Texas, provides easy access to a large population base, further enhancing its profitability. Serious inquiries are encouraged to explore this lucrative investment opportunity. Detailed financial information is available upon request.
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.