5723 Airline Dr, Houston, TX

Business for Sale - $1,700,000 - 1.86 acres


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Agent Info

NameClyde Melton

Property Info

CIMLS #1024249
Location5723 Airline Dr
Houston TX 77076
Last UpdatedAugust 22nd, 2018
TypeBusiness
Price$1,700,000
Land1.86 acres
DemographicsView data

Contact


Property Description

Located 7 miles north of downtown Houston on a busy thoroughfare corner lot is our 1.76 acres of business property. The main source of income is generated by our in-house car sales' financing, which currently holds $633,325. of accounts receivables, and growing.

The Trailer Park generates reliable rental income as well; it is located behind our Dealership, at the back portion of the property. Located on our side-street entrance is a State Inspection Station. The Trailer Park space rentals and State Inspection Station, combined, yield a profit of about $100,000 annually.

The location of this property yields a two percent annual growth; the property, alone, is currently valued at $1,000,000. Because our Car Dealership and Inspection Station are both well established, whomever purchases it will have immediate income from the receivables, established customers, and a location that is accessible and well known, for future prospective buyers. Customer affordability and reputation continue to generate a steady flow of customers who have repeatedly depended on our service since 1977.


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