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Key West Car Wash owners buy Cruizers Car Wash


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  • | 9:40 a.m. November 1, 2013
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  • Commercial Real Estate
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BUYER: KEO Investments LLC (principals: Erin and Kristin Orozco), Sarasota
SELLER: Thompson-Hunt Properties LLC
PROPERTY: 1555 N. Washington Blvd., Sarasota
PRICE: $1.5 million
PREVIOUS PRICE: $775,000, February 2008
LAW FIRM ON DEED: Berlin-Patten PLLC, Sarasota

PLANS, DESCRIPTION: Sisters and business partners Erin and Kristin Orozco purchased the Cruizers Car Wash business and real estate. They acquired the 3,300-square-foot building and 0.75-acre property for $1.5 million.

The property offers both full- and self-service car washes.

The Orozcos already own and operate the Key West Car Wash on U.S. 41 in Nokomis.

“We actually live in Sarasota, close to downtown,” says Erin Orozco. “We really like the downtown market. We felt it would be actually easier to market to the people we know if we had a car wash that was closer.”

Kristin Orozco describes the car wash as well kept and well maintained.

The purchase entity, KEO Investments LLC, mortgaged the property to SunTrust Bank for $881,300.

 

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