Need JV or Buyer for Full Service Car Wash and Commercial property in CA-9% CAP- Seller will hold paper

Price $5M, valuation at $7M. Comes with all permits, inventory, on site mgmt. Current cap rate 9%, with potential for additional revenue- set up a oil change/muffler change in one of the bays, room for additional merchandising in the store, and 2500 new homes being built in immediate area. Rental revenue from the commercial property increasing $15K in March, with one tenant. Car wash is turn key- no repairs, all top of the line equipment, and loyal customer base. Reach me at robenright@comcast.net or 215-410-9703. Need a direct buyer, or a JV partner willing to fund for 12-24 months. Seller is willing to hold paper with 50% down. 

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