David Koh

This is a rare turnkey investment opportunity combining a fully stabilized retail shopping center with a state-of-the-art smart laundromat, offering both immediate cash flow and long-term upside. The property is 100% occupied with a strong and diverse tenant base, while current rental rates remain below market, providing significant value-add potential through future rent increases. The laundromat, built just three years ago with modern, energy-efficient equipment, is fully automated and remotely managed, with sales steadily growing and not yet stabilized, offering additional upside. Importantly, the laundromat can be acquired below replacement cost, as building a similar facility today would require a significantly higher investment. The entire property was fully remodeled in 2023, including a new roof, minimizing near-term capital expenditures. Located in ... Less