Kentwood, LA High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Kentwood, Louisiana Market population: 52K. Compare commercial properties across all major asset classes with...
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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 Kentwood MI Properties: 84.0000%
⭐ 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 Kentwood MI
Common questions from investors exploring commercial real estate in Kentwood MI.
What makes Kentwood, MI an attractive market for real estate investment?
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The combination of a relatively low poverty rate of 10.3%, high health insurance coverage of 95.1%, and a strong employment market with top industries like Health Care & Social Assistance, Retail Trade, and Manufacturing suggests a stable and growing market. Additionally, the city's diverse population with top ethnicities including White, Black or African American, and Asian, and a median household income of $53,419, indicates a robust demand for housing. The average commute time of 23.4 minutes and high homeownership rate of 64.9% also contribute to the market's attractiveness.
How does the commute time and transportation infrastructure impact the quality of life for residents and investors in Kentwood, MI?
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The average commute time of 23.4 minutes in Kentwood, MI, which is relatively low, and the top commute methods being Drove Alone, Carpooled, and Worked At Home, indicate a well-planned transportation infrastructure. This, combined with a high health insurance coverage rate of 95.1% and a low poverty rate of 10.3%, suggests a high quality of life for residents, making it an attractive market for investors. The diversity of the population with top ethnicities like White, Black or African American, and Asian, also adds to the market's stability and demand.
What role does the median property value and property taxes play in the investment potential of Kentwood, MI?
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The median property value of $143,400 and median property taxes of $1,941 in Kentwood, MI, provide a favorable investment environment. Considering the city's relatively low poverty rate of 10.3%, high employment rate with 25,419 employed individuals, and top industries like Health Care & Social Assistance, the property values and taxes are reasonable, making it an attractive market for investors. The foreign-born rate of 5.3% and top ethnicities also contribute to the market's diversity and demand.
How does the demographic diversity and income inequality impact the investment potential in Kentwood, MI?
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The demographic diversity in Kentwood, MI, with top ethnicities including White, Black or African American, and Asian, and a foreign-born rate of 5.3%, contributes to a robust and stable market. The income inequality, measured by a GINI coefficient of 0.421, and the median household income of $53,419, indicate a relatively balanced economy. This balance, combined with a low poverty rate of 10.3% and high health insurance coverage of 95.1%, makes Kentwood, MI an attractive market for real estate investment, with a strong demand for housing from a diverse population.
What are the key factors that contribute to the stability and growth potential of the real estate market in Kentwood, MI?
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The stability and growth potential of the real estate market in Kentwood, MI, can be attributed to several key factors, including a relatively low poverty rate of 10.3%, high health insurance coverage of 95.1%, and a strong employment market with top industries like Health Care & Social Assistance, Retail Trade, and Manufacturing. Additionally, the city's diverse population, median household income of $53,419, and average commute time of 23.4 minutes, all contribute to a robust demand for housing, making it an attractive market for investors. The homeownership rate of 64.9% and median property value of $143,400 also indicate a stable and growing market.
Kentwood MI Real Estate & City Facts
Key facts and real estate information about Kentwood MI.
What are some of the best neighborhoods to live in Kentwood?
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Some of the best neighborhoods to live in Kentwood include Brenton Preserve, City Center, East Paris, Forest Hill/Cedar Mill, Eastern Heights, and Princeton Estates. These neighborhoods offer a unique personality and are known for being peaceful, family-friendly, and having clean, tree-lined sidewalks.
What are some fun things to do in Kentwood?
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There are plenty of fun things to do in Kentwood, including visiting the Paul Henry Thornapple Trail, Sky Zone Indoor Trampoline Park, Dave & Buster's - Arcade, and the Grand Rapids Michigan Temple. You can also explore the city's many parks and outdoor spaces, such as Millennium Park and the Ada Covered Bridge.
What is the food scene like in Kentwood?
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The food scene in Kentwood is diverse and offers a range of options, including Buddy's Pizza, Cooper's Hawk Winery & Restaurant, Tokyo Grill, and Bosna Express. There are also plenty of great food trucks and local eateries to try, such as One Twenty Three Tavern and Nonna's The Trattoria.
What are the pros and cons of living in Kentwood?
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The pros of living in Kentwood include its peaceful and family-friendly neighborhoods, plenty of outdoor spaces and parks, and a diverse food scene. However, some cons include the city's relatively high poverty rate and income inequality. Overall, Kentwood is a great place to live for those who value a strong sense of community and a relaxed atmosphere.
Is Kentwood a good place to live?
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Yes, Kentwood is a good place to live, offering a unique blend of small-town charm and big-city amenities. With its peaceful neighborhoods, plenty of outdoor spaces, and a diverse food scene, Kentwood is an attractive option for families, young professionals, and anyone looking for a relaxed and welcoming community.
⭐ 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 Kentwood MI Commercial Property: $53,419
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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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