Bangor Base, WA High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Bangor Base, Washington Market population: 33K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Bangor Base WA Properties: 0.7600%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Bangor Base WA
Common questions from investors exploring commercial real estate in Bangor Base WA.
What's the overall investment potential of Bangor, ME, considering its demographics and economy?
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Bangor's median household income of $35,107, combined with a poverty rate of 20.5% and a high health insurance coverage of 90.7%, suggests a relatively stable market with a mix of working-class and middle-class residents. The city's diverse economy, with top industries in construction, public administration, and finance, supports a range of job opportunities, while its short average commute time of 15.2 minutes and high rate of health insurance coverage indicate a good quality of life for residents.
How does the ethnic diversity and industry mix in Bangor impact the rental market?
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The city's ethnic diversity, with a majority of White and White Non-Hispanic populations, along with its industry mix, including construction and public administration, contributes to a stable demand for rentals. The employed population of 16,053 and a median property value of $145,400 also suggest a relatively affordable housing market, making it attractive for renters and investors alike. Additionally, the top commute methods, such as driving alone and carpooling, indicate a convenient transportation network.
What are the implications of Bangor's poverty rate and health insurance coverage for tenant quality?
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The 20.5% poverty rate in Bangor, although relatively high, is mitigated by the city's high health insurance coverage of 90.7%, which suggests that many residents have access to employment opportunities and basic healthcare. This combination, along with a median household income of $35,107, indicates a working-class market with some employment stability, making it a viable option for investors seeking to attract reliable tenants.
How do the commute time and transportation options in Bangor affect the quality of life and attractiveness to investors?
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The short average commute time of 15.2 minutes in Bangor, along with the top commute methods of driving alone, carpooling, and working from home, contributes to a high quality of life for residents. This, in turn, makes the city more attractive to investors, as it indicates a convenient and efficient transportation network, which can support a stable and growing rental market. Furthermore, the city's relatively low poverty rate and high health insurance coverage suggest a stable and employed population, which can lead to lower vacancy rates and more reliable tenants.
What role do the top industries and median property value play in determining the investment potential of Bangor?
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The top industries in Bangor, including construction, public administration, and finance, contribute to a diverse and relatively stable economy, which can support a growing rental market. The median property value of $145,400, although relatively low, suggests an affordable housing market, making it an attractive option for investors seeking to minimize upfront costs. Additionally, the city's high health insurance coverage and short commute time indicate a good quality of life, which can lead to higher demand for rentals and increased property values over time.
Bangor Base WA Real Estate & City Facts
Key facts and real estate information about Bangor Base WA.
What are some of the best neighborhoods to live in Bangor Base?
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Some of the best neighborhoods to live in Bangor Base, WA are Point Edwards Condominiums, Madrona, Green Lake, Laurelhurst, Madison Park, Ravenna, Alki Point, Leschi, Windermere, Eastlake, Wallingford, Fremont, Phinney Ridge, and Columbia. These neighborhoods offer a range of housing options, from affordable to luxury, and are known for their safety, amenities, and proximity to local attractions.
What are some fun things to do in Bangor Base?
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There are plenty of fun things to do in Bangor Base, WA. You can visit the Bangor Recreation Center, which offers a range of activities, including bowling, golf, and movie theaters. You can also explore the nearby parks and lakes, such as Battle Point Park and Silverdale Waterfront Park. If you're looking for something more adventurous, you can try skydiving with Skydive Kapowsin or take a seaplane tour with Seattle Seaplanes.
What is the food scene like in Bangor Base?
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The food scene in Bangor Base, WA is diverse and offers a range of options. You can find everything from classic American diners like The Junction Diner to international cuisine like Pinoy Kitchen Panlasang Pinoy. There are also plenty of great restaurants near the base, such as Oak Table Cafe, Burrata Bistro, and Peninsula Brewhouse. If you're looking for a unique dining experience, you can try the All Hands Bar, which is located in Bangor Plaza and offers food and bar service to all hands and their guests.
What are the pros and cons of living in Bangor Base?
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The pros of living in Bangor Base, WA include its proximity to local attractions, a range of housing options, and a diverse food scene. However, some cons include the potential for noise from the nearby naval base and the need for a car to get around. Additionally, some areas of the base can be quite busy, especially during peak hours. Overall, Bangor Base is a great place to live for those who value convenience, amenities, and a sense of community.
Is Bangor Base a good place to live?
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Bangor Base, WA is a great place to live for those who value convenience, amenities, and a sense of community. The base offers a range of housing options, from affordable to luxury, and is close to local attractions, such as parks, lakes, and restaurants. While there may be some drawbacks, such as noise from the naval base and the need for a car, overall, Bangor Base is a great choice for those looking for a comfortable and convenient place to call home.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Bangor Base WA Commercial Property: $35,107
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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