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Bartlett, IL High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Bartlett, Illinois Market population: 57K. Explore income-producing properties with verified cap rates and operating...

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Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Bartlett TN Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Bartlett TN Properties: 1.2800%

πŸ“Š Average Income For Bartlett TN Commercial Property: $77,799

Investor Questions For Bartlett TN

Common questions from investors exploring commercial real estate in Bartlett TN.

What makes Bartlett, TN an attractive market for real estate investment? +
The combination of a relatively low poverty rate of 5.6%, high health insurance coverage of 94.5%, and a strong median household income of $77,799 suggests a stable and attractive market for real estate investment, with a diverse population of White, White Non-Hispanic, and Black residents.
How does the commute time and transportation infrastructure impact the quality of life for residents in Bartlett, TN? +
The average commute time of 25.2 minutes, with top commute methods including driving alone, working from home, and carpooling, indicates a relatively convenient and flexible transportation infrastructure, which, combined with a high health insurance rate of 94.5% and low poverty rate of 5.6%, suggests a high quality of life for residents.
What role do top industries play in shaping the demand for real estate in Bartlett, TN? +
The presence of top industries such as Finance & Insurance, Real Estate & Rental & Leasing, and Professional, Scientific, & Management Services, along with a diverse population and relatively low poverty rate of 5.6%, suggests a strong and stable demand for real estate, driven by a mix of white-collar and service-oriented jobs.
How does the ethnic diversity and foreign-born rate impact the real estate market in Bartlett, TN? +
The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Black residents, and a relatively low foreign-born rate of 3.4%, suggests a stable and integrated community, which, combined with a high median property value of $174,100 and low poverty rate of 5.6%, indicates a strong and attractive real estate market.
What are the implications of the homeownership rate and median property taxes for real estate investors in Bartlett, TN? +
The high homeownership rate of 84.5% and relatively high median property taxes of $16,611, combined with a strong median household income of $77,799 and low poverty rate of 5.6%, suggest a stable and attractive market for real estate investors, with a mix of owner-occupied and rental properties, and a relatively low risk of vacancy and default.

Bartlett TN Real Estate & City Facts

Key facts and real estate information about Bartlett TN.

What are some of the best neighborhoods to live in Bartlett? +
Some of the best neighborhoods to live in Bartlett include Davies Plantation, which is a peaceful and well-maintained neighborhood with beautiful trees and clean surroundings. The east parts of the city also tend to be more desired, while more affordable homes can be found in the northwest regions.
What are some fun things to do in Bartlett? +
There are plenty of fun things to do in Bartlett, such as visiting the Agricenter, Bartlett Performing Arts & Conference Center, and Bass Pro Pyramid. You can also explore the Stanky Creek Mountain Bike Trails, Davies Plantation Park, and the Memphis area. Additionally, there are several local entertainment and attractions, including the Bartlett Recreation Center and the Ballet Memphis.
What is the food scene like in Bartlett? +
The food scene in Bartlett is diverse and exciting, with a range of options to choose from. Some popular restaurants include Smokin' Hot BBQ, Sweetpea's, and El Patron Authentic Mexican Restaurant. There are also plenty of great food trucks and casual American eateries serving hearty dishes. You can find everything from traditional Southern food to elegant restaurants and authentic Mexican cuisine.
What are the pros and cons of living in Bartlett? +
The pros of living in Bartlett include its peaceful and well-maintained neighborhoods, affordable housing, and plenty of fun things to do. However, some cons include the fact that some parts of the city have outdated homes and traffic can be a issue in certain areas. Overall, Bartlett is a great area for first-time homebuyers and those looking for a more laid-back pace of life.
Is Bartlett a good place to live? +
Yes, Bartlett is a good place to live, offering a great balance of peace and quiet, affordability, and accessibility to amenities and entertainment. While it may not be perfect, with some areas having outdated homes and traffic issues, the pros outweigh the cons for many people. With its beautiful neighborhoods, exciting food scene, and plenty of things to do, Bartlett is definitely worth considering for those looking to move to the area.
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