Greenwood Village, CO High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Greenwood Village, Colorado Market population: 14K. Explore income-producing properties with verified cap rates and...
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3 properties found
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π Average Cap Rate For Greenwood Village CO Properties: 5.7%
β 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
π Avg Property Tax Rate For Greenwood Village CO Properties: 0.6000%
β 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
Investor Questions For Greenwood Village CO
Common questions from investors exploring commercial real estate in Greenwood Village CO.
What's the overall investment potential of Greenwood Village, CO?
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With a median household income of $109,681 and a low poverty rate of 4.8%, Greenwood Village presents a stable investment market, further reinforced by its high health insurance coverage of 97.5% and relatively short average commute time of 21.5 minutes, indicating a strong and reliable workforce.
How does the ethnic diversity and industry mix impact demand for real estate in Greenwood Village?
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The diverse population, with top ethnicities including White, White Non-Hispanic, and Asian, combined with top industries like Agriculture, Forestry, Fishing & Hunting, & Mining, and Information, suggests a robust demand for housing due to a varied and potentially growing workforce, which is also reflected in the area's high median property value of $739,100.
What are the implications of the commute methods and times for real estate investors in Greenwood Village?
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The prevalence of driving alone, working from home, and carpooling as top commute methods, alongside an average commute time of 21.5 minutes, indicates a flexible and manageable transportation infrastructure, which can enhance the quality of life for residents and thus support the local real estate market, especially considering the area's high homeownership rate of 65.7%.
How do poverty rates and health insurance coverage influence the quality of tenants in Greenwood Village?
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The low poverty rate of 4.8% combined with an exceptionally high health insurance coverage rate of 97.5% suggests a tenant base with stable employment and access to healthcare, reducing potential risks for investors and indicating a reliable rental income stream, which is further supported by the area's strong median household income and low income inequality.
What role does the GINI coefficient and median property taxes play in assessing the investment environment of Greenwood Village?
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A GINI coefficient of 0.531, indicating moderate income inequality, and median property taxes of $4,046, suggest that while there is a notable disparity in incomes, the tax environment remains manageable for property owners, contributing to an overall favorable investment climate when considered alongside the area's high median property value of $739,100 and strong employment numbers.
Greenwood Village CO Real Estate & City Facts
Key facts and real estate information about Greenwood Village CO.
What are some of the best neighborhoods to live in Greenwood Village?
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Some of the best neighborhoods to live in Greenwood Village include Belleview Village West, which offers luxury homes and a variety of beautiful styles. Other great neighborhoods in the area include those in the Cherry Creek School district, such as SE Aurora or DTC/Greenwood Village. These neighborhoods are known for their clean environment, beautiful landscapes, and top-rated schools.
What are some fun things to do in Greenwood Village?
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There are plenty of fun things to do in Greenwood Village, including visiting Westlands Park, The Landmark Theatre, and Candeeland Colorado. You can also explore the city's trail systems, cultural venues, and outdoor recreation opportunities. If you're looking for more adventure, you can check out the Denver Zoo or Meow Wolf, which are both unique attractions in the area.
What is the food scene like in Greenwood Village?
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The food scene in Greenwood Village is diverse and exciting, with a variety of restaurants to choose from. Some top-rated restaurants in the area include Pappadeaux Seafood Kitchen, Catira, Saverina, and Na Favola Trattoria & Pizzeria. You can also find great spots for breakfast, lunch, and dinner, such as The Delectable Egg, JING, and Zink Kitchen + Bar. There are also plenty of great food trucks and casual eateries to grab a quick bite.
What are the pros and cons of living in Greenwood Village?
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The pros of living in Greenwood Village include its luxurious homes, top-rated schools, and premier amenities. The city also has a clean environment, beautiful landscapes, and plenty of outdoor recreation opportunities. However, some cons of living in Greenwood Village include its high cost of living, traffic, and limited nightlife options. Additionally, some areas of the city can be quite busy and crowded, especially during rush hour.
Is Greenwood Village a good place to live?
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Overall, Greenwood Village is a great place to live, offering a unique blend of luxury, natural beauty, and community charm. While it may have some drawbacks, such as high costs and traffic, the city's many advantages make it an attractive option for those looking for a high quality of life. With its top-rated schools, diverse food scene, and plenty of outdoor recreation opportunities, Greenwood Village is a great choice for families, professionals, and anyone looking for a comfortable and convenient place to call home.
π Average Income For Greenwood Village CO Commercial Property: $109,681
β 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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