Recent content by Scheslock

I'll be driving by the location later today and will take more photos.

@cantbreak80 This is a great point. Will some of this stuff be flushed out when we run the machines or do you suggest I specifically ask for the technician to take a look at this stuff?

@Greg Pack I agree. I'm in the Southeast and things have changed a great deal from 8 years ago. My guess is the income didn't justify the commute (whatever his excuse is) and he decided to shut it down and sit on the land. Now he's looking to cash out 8 years later. I think a lowball offer...

luckily in Southeast so no below freezing temps

I agree, I'm very interested to see what the technician has to say once we run the machines. I'm personally along the thinking that if it's not a complete rehab and it only needs about $10K of rehab ($2500 per bay) then it'll be worth it for the right price. If I have to do some major overhaul...

@Car_Wash_Guy Luckily the main grocery store is right down the road (1/4 mile away) and we are sandwiched between a Family Dollar and Dollar General. We've also talked about seller financing (not a price yet) and he's agreed to carry some of the note as long as it's a short term. I'm...

@MEP001 That's the play. My main business is self storage. Thanks so much for the feedback, very helpful.

Some quick background: No experience in this specific industry but am a real estate investor. I'm also somewhat handy so the small daily maintenance doesn't scare me and willing to pay technicians for big ticket items. Deal is for 1 acre of land (all equipment conveys), car wash is on .39 of...

Some quick background: No experience in this specific industry but am a real estate investor. I'm also somewhat handy so the small daily maintenance doesn't scare me and willing to pay technicians for big ticket items. Deal is for 1 acre of land (all equipment conveys), car wash is on .39 of...