AR carwash sells for $2.4 million
SHERWOOD, AR ― The Boomerang Car Wash here was purchased by Bailey's Tunnel Wash LLC for $2.4 million, according to an Arkansas Business report.
The March 25 story said the sale was led by John Bailey.
The deal was done with a 15-year loan worth $14.1 million.
The carwash, which sits on 1.24 acres, was purchased in 2009 for $315,000 by Kristi Couch, Cindy Couch Clay, Margaret Eugenia Couch, Michael Couch and Tonya Couch Helmstetter.
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