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Holly, CO High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Holly, Colorado Market population: 6K. Explore income-producing properties with verified cap rates and operating...

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πŸ“Š Average Cap Rate For Holly MI Properties: 5.7%

⭐ Featured

Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF

πŸ“Š Avg Property Tax Rate For Holly MI Properties: 1.0600%

⭐ Featured

New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF

Investor Questions For Holly MI

Common questions from investors exploring commercial real estate in Holly MI.

What's the overall investment potential of Holly, MI, considering its demographics and economy? +
With a median household income of $60,048 and a relatively low poverty rate of 13.1%, Holly, MI, presents a stable investment market, especially when combined with its high health insurance coverage rate of 93.3%, indicating a population with access to healthcare and potentially more financial stability. The top industries, including Information and Manufacturing, also suggest a diverse economic base.
How does the commute time and transportation infrastructure impact the quality of life for renters in Holly, MI? +
The average commute time of 30.4 minutes in Holly, MI, is moderate, and with the majority of residents driving alone or carpooling, it suggests that the city has a functional transportation infrastructure. This, coupled with a high health insurance rate of 93.3%, implies a good quality of life for potential renters, making it an attractive location for investment.
What role does ethnic diversity play in the demand for real estate in Holly, MI? +
Holly, MI, has a predominantly White population, with smaller but significant Hispanic and other ethnic groups. This diversity, although not extremely high, can contribute to a vibrant community. When considering the top industries such as Information and Manufacturing, the diversity can support a demand for housing from a varied workforce, potentially stabilizing the real estate market.
How do poverty rates and health insurance coverage interact to affect tenant quality in Holly, MI? +
The 13.1% poverty rate in Holly, MI, combined with a high health insurance coverage rate of 93.3%, suggests that while there is a portion of the population facing economic challenges, a significant majority have access to healthcare, which can be an indicator of employment stability and potentially better tenant quality. This balance is crucial for investors assessing risk and potential returns.
What insights can be gleaned from the homeownership rate and median property value for real estate investment in Holly, MI? +
With a homeownership rate of 69.1% and a median property value of $84,400, Holly, MI, indicates a strong preference for owning over renting, which can influence rental demand and property appreciation. Considering the median household income of $60,048, these factors together suggest a relatively stable and potentially growing real estate market, making it worth considering for investment, especially for those looking at long-term appreciation or rental income strategies.

Holly MI Real Estate & City Facts

Key facts and real estate information about Holly MI.

What are some of the best neighborhoods to live in Holly? +
Some of the best neighborhoods to live in Holly, MI, are Holly Hills, Downtown Village of Holly, and Gateway of Grand Blanc. These neighborhoods offer a range of housing options, from single-family homes to apartments, and are known for their safety, community atmosphere, and access to local amenities.
What are some fun things to do in Holly? +
There are plenty of fun things to do in Holly, MI, including visiting the Holly Recreation Area, exploring the Great Lakes National Cemetery, and checking out the local shops and restaurants in the downtown area. You can also visit the Hadley House Museum, the Detroit Model Railroad Club, or take a tour of the Ford Rouge Factory.
What is the food scene like in Holly? +
The food scene in Holly, MI, is diverse and exciting, with a range of restaurants serving everything from classic American comfort food to international cuisine. Some popular spots include Bittersweet Cafe, The Laundry, Holly Cafe, Blackthorn Pub, and Villagers Family Restaurant. There are also plenty of great food trucks and local breweries, such as Northern Oak Brewery, to explore.
What are the pros and cons of living in Holly? +
The pros of living in Holly, MI, include its small-town charm, safe and welcoming community, and access to outdoor recreation opportunities. However, some cons include the limited job opportunities and entertainment options compared to larger cities. Additionally, some residents have noted that the town could benefit from more investment in new businesses and infrastructure.
Is Holly a good place to live? +
Overall, Holly, MI, is a great place to live for those who value a close-knit community, outdoor recreation, and a relaxed pace of life. While it may not offer all the amenities and opportunities of a larger city, it has a unique charm and character that makes it an attractive option for families, retirees, and individuals looking for a more laid-back lifestyle.

πŸ“Š Average Income For Holly MI Commercial Property: $60,048

⭐ Featured

New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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