Cullowhee, NC High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Cullowhee, North Carolina Market population: 5K. 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 Cullowhee NC Properties: 0.7300%
⭐ 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 Cullowhee NC
Common questions from investors exploring commercial real estate in Cullowhee NC.
What's the overall investment potential of Cullowhee, NC, considering its demographics and economy?
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The 47.5% poverty rate and $17,778 median household income suggest a challenging market, but the 92.9% health insurance coverage and 16.2-minute average commute time indicate a relatively stable population, which could be attractive for investors targeting affordable housing or student rentals, given the town's young median age of 20.2 years and diverse top ethnicities, including White, White Non-Hispanic, and Hispanic.
How does the local economy impact real estate investment in Cullowhee, NC?
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The top industries, including Public Administration and Finance & Insurance, & Real Estate & Rental & Leasing, contribute to a relatively stable employment market, with 1,750 employed individuals, which is beneficial for real estate investors, especially when combined with the low median property taxes of $204 and the fact that 14.4% of the population are homeowners, leaving room for rental opportunities, particularly in a town with a high poverty rate of 47.5% and a GINI coefficient of 0.582, indicating significant income inequality.
What are the key factors to consider for rental property investments in Cullowhee, NC?
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The 16.2-minute average commute time, with top commute methods including driving alone, walking, and working from home, suggests a convenient location for renters, and when paired with the 92.9% health insurance coverage, it indicates a relatively stable and healthy rental population, which is crucial for investors, especially in a market with a high poverty rate of 47.5% and a median household income of $17,778, requiring careful consideration of tenant quality and potential for rental yield.
How does the ethnic diversity and age of the population in Cullowhee, NC, affect real estate investment?
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The diverse population, with top ethnicities including White, White Non-Hispanic, and Hispanic, and a young median age of 20.2 years, suggests a vibrant and potentially growing market, which could be attractive for investors, especially those targeting student housing or affordable rentals, considering the town's high poverty rate of 47.5% and the fact that 2.8% of the population is foreign-born, contributing to a dynamic demographic landscape.
What role do property values and taxes play in the investment potential of Cullowhee, NC?
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The median property value of $164,600 and median property taxes of $204 provide a relatively affordable entry point for investors, and when combined with the 14.4% homeownership rate and the town's young population, it indicates potential for rental income and long-term appreciation, especially if investors can navigate the challenges posed by the high poverty rate of 47.5% and the significant income inequality, as evidenced by the GINI coefficient of 0.582, to capitalize on the growing demand for housing in this diverse and youthful community.
Cullowhee NC Real Estate & City Facts
Key facts and real estate information about Cullowhee NC.
What are some of the best neighborhoods to live in Cullowhee?
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Some of the best neighborhoods to live in Cullowhee include Forest Hills, which is known for its rural setting and scenic beauty. The Maples Of Cullowhee is also a great place to live, with respectful neighbors and a quiet and safe environment. Additionally, Cullowhee Township offers a dense suburban feel and is popular with young professionals.
What are some fun things to do in Cullowhee?
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Cullowhee offers a variety of outdoor activities such as kayaking, canoeing, tubing, and mountain biking. Some popular attractions include Judaculla Rock, East LaPorte River Access Park, Pines Recreation Area, Mountain Heritage Center, and Arrowmont Stables. You can also visit the nearby town of Sylva for more entertainment options.
What is the food scene like in Cullowhee?
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The food scene in Cullowhee is limited, but there are some great options available. Some popular restaurants include Kobe, El Patron, Colima, Cook Out, and Haywood. You can also find some good food trucks in the area. For a more vibrant food scene, you can visit the nearby town of Sylva or Cashiers.
What are the pros and cons of living in Cullowhee?
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The pros of living in Cullowhee include its natural beauty, outdoor recreational opportunities, and a sense of community. However, the cons include limited job opportunities, a high poverty rate, and limited entertainment options. Additionally, the food scene is limited, and you may need to travel to nearby towns for more options.
Is Cullowhee a good place to live?
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Cullowhee can be a great place to live for those who value natural beauty, outdoor recreation, and a sense of community. However, it may not be the best fit for everyone, especially those who are looking for job opportunities, a vibrant food scene, or a wide range of entertainment options. Ultimately, it depends on your individual priorities and preferences.
⭐ 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 Cullowhee NC Commercial Property: $17,778
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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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