Cheney, KS High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Cheney, Kansas Market population: 11K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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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 Cheney WA Properties: 82.0000%
⭐ 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 Cheney WA
Common questions from investors exploring commercial real estate in Cheney WA.
What's the overall investment outlook for Cheney, WA, considering its demographics and economy?
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Cheney's relatively high poverty rate of 36.1% and low median household income of $24,767 suggest a challenging market, but the 91.5% health insurance coverage and short 19.6-minute average commute time indicate a degree of stability and access to employment opportunities, which could be attractive for investors targeting affordable housing or rentals.
How does the ethnic diversity and industry mix in Cheney impact real estate demand?
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The city's diverse population, with top ethnicities including White, White Non-Hispanic, and Hispanic, combined with its strong presence of finance, insurance, and real estate industries, suggests a potential for steady demand in the housing market, particularly if investors can cater to the needs of young professionals and families from these sectors.
What are the implications of Cheney's high poverty rate and low homeownership rate for real estate investors?
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The 36.1% poverty rate and 32.4% homeownership rate in Cheney imply a market with significant rental demand, potentially driven by students or low-income households, but investors should carefully assess the balance between affordability and rental yields, considering the $176,800 median property value and $1,299 median property taxes.
How do quality-of-life metrics, such as commute time and health insurance coverage, influence market stability in Cheney?
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The short average commute time of 19.6 minutes and high health insurance coverage rate of 91.5% in Cheney contribute to a relatively stable quality of life, which can attract and retain residents, thereby supporting a stable rental market and potentially boosting property values over time, making it an interesting prospect for long-term investors.
What role do the top industries in Cheney play in shaping the local real estate market and investor opportunities?
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The dominance of finance, insurance, and real estate, along with public administration and professional services, in Cheney's economy suggests a market with a mix of white-collar jobs and public sector employment, which can provide a stable tenant base for investors, especially those focusing on affordable or mid-range rentals, and potentially drive demand for housing and commercial properties.
Cheney WA Real Estate & City Facts
Key facts and real estate information about Cheney WA.
What are some of the best neighborhoods to live in Cheney?
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Some of the best neighborhoods to live in Cheney include West Terrace, which is known for being peaceful and family-friendly, and the east parts of the city, which tend to be more desirable. Additionally, neighborhoods like Millwood and Manitocannon Hill are also popular options.
What are some fun things to do in Cheney?
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There are plenty of fun things to do in Cheney, such as visiting the Turnbull National Wildlife Refuge, exploring the Cheney Historical Museum, and enjoying the outdoors at Fish Lake Regional Park or Centennial Park. You can also check out the local shops and restaurants in downtown Cheney, like the Mason Jar coffee shop or Eagle's Pub.
What is the food scene like in Cheney?
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The food scene in Cheney is a mix of local eateries and chain restaurants. You can find everything from Chinese food at Chinese Gardens Restaurant to pub fare at Eagle's Pub. There are also plenty of great coffee shops, like the Mason Jar, which serves up delicious coffee and pastries. Additionally, the city has a few restaurants that offer a unique dining experience, such as the Cheney cafe, which is local at heart.
What are the pros and cons of living in Cheney?
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One of the pros of living in Cheney is its small-town feel and community-oriented atmosphere. The city also has a relatively low cost of living and plenty of outdoor recreational opportunities. However, some cons include the limited job opportunities and lower median household income compared to other cities in the state. Additionally, the city's population is relatively small, which can be a drawback for some people.
Is Cheney a good place to live?
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Whether or not Cheney is a good place to live depends on your individual preferences and priorities. If you're looking for a small-town feel and a strong sense of community, Cheney might be a great fit. The city also offers a relatively low cost of living and plenty of outdoor recreational opportunities. However, if you're looking for a more urban lifestyle or a wider range of job opportunities, you might want to consider other options. Overall, Cheney is a charming city with a lot to offer, but it's not for everyone.
⭐ 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 Cheney WA Commercial Property: $24,767
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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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