An investment fund that specializes in low-risk properties that generate passive income acquired a portfolio of three car washes in Chattanooga, Tennessee, for $22 million, a deal that shows investors' sustained interest in car washes.
Three Tennessee Car Washes Sell for $22 Million to Investment Fund
Investor Buys Storm Car Wash Locations in Chattanooga, Tennessee
By Andy Peters
CoStar News
May 19, 2023 | 6:50 P.M.
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IN THIS ARTICLE
- Properties
- Hurricane Car Wash
1101 Mackey Ave, Chattanooga, TN
- Hurricane Car Wash
5026 Hunter Rd, Ooltewah, TN
- Hurrican Car Wash
5575 Hixson Pike, Hixson, TN
- Companies
- PassiveInvesting.com
Finance and Insurance
- Contacts
- Daniel Randazzo
Managing Partner, PassiveInvesting.com