NO 1% ORIGINATION FEENathan Seyfer Office: 319.730.3227
Adel Laundromat is located at 108 Nile Kinnick North, directly east of Dallas County Courthouse in Adel. The laundromat is unattended and consists of 18 washers, 13 dryers, a detergent vending machine and a bill to coin changer. A full list of inventory can be provided upon request. The building also has two one-bedroom units on second floor that rent for $500 and $600. The closest laundromat is located 20 miles away in Perry. This is the only other laundromat located in Dallas County. The business value and all equipment is included in the sale price. Net Operating Income: $32,168. Cap Rate: 8.94%.
The information being provided by the Des Moines Area Association of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.