Minden, LA High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Minden, Louisiana Market population: 13K. Explore income-producing properties with verified cap rates and operating...
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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 Minden LA Properties: 1.1300%
⭐ 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 Minden LA
Common questions from investors exploring commercial real estate in Minden LA.
What's the overall investment potential of Minden, LA, considering its demographics and economy?
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Minden's 28.4% poverty rate and $30,411 median household income suggest a working-class market, but the 88.3% health insurance coverage and 18.7-minute average commute time indicate a level of employment stability and quality of life, making it a viable option for investors, especially given the diverse top industries including Manufacturing and Finance & Insurance.
How does the ethnic diversity and industry mix in Minden impact the rental market?
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The city's ethnic diversity, with 36.5% Black, 30.3% White, and 29.9% White Non-Hispanic populations, contributes to a dynamic rental market, while the top industries such as Manufacturing and Finance & Insurance provide a stable employment base, which, combined with the 54.9% homeownership rate, suggests a steady demand for rentals.
What are the implications of Minden's poverty rate and health insurance coverage for tenant quality?
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The 28.4% poverty rate combined with 88.3% health insurance coverage suggests that while there are challenges, there is also a foundation of employment and access to healthcare, which can contribute to a more stable tenant base, especially when considering the relatively low median property taxes of $3,018 and median property value of $84,400.
How do commute times and methods impact the attractiveness of Minden for real estate investment?
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The 18.7-minute average commute time, with top methods being driving alone, carpooling, and other, indicates a manageable and flexible commute environment, which, paired with the city's diverse industries and $30,411 median household income, makes Minden an attractive location for both residents and investors looking for a balance of affordability and accessibility.
What role does income inequality play in Minden's real estate market, given its GINI coefficient and median household income?
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Minden's GINI coefficient of 0.471, reflecting a moderate level of income inequality, combined with a median household income of $30,411, suggests that investors should consider a mix of housing options to cater to different income levels, potentially leveraging the city's manufacturing and finance industries to attract a stable workforce, thus mitigating some of the risks associated with income inequality and poverty rates.
Minden LA Real Estate & City Facts
Key facts and real estate information about Minden LA.
What are some of the best neighborhoods to live in Minden?
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Some of the best neighborhoods to live in Minden, LA, include the central parts of the city, which tend to be more desired, while more affordable homes can be found in the west regions. According to AreaVibes, some of the best places to live in Minden include Haughton and Homer.
What are some fun things to do in Minden?
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Minden, LA, offers a variety of fun things to do, including visiting the Germantown Colony Museum, the Dorcheat Historical Museum, and exploring the outdoors at Kisatchie National Forest. You can also take a scenic drive on the Boom or Bust Byway or try your luck at The Dixie Inn Casino.
What is the food scene like in Minden?
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The food scene in Minden, LA, is a culinary adventure, with a range of delicious options to choose from. Some popular restaurants include Bon Temps, Orleans on Main Bistreaux, and El Santito. You can also find fresh, creative takes on classic casual dining at Geaux Fresh or try some mouthwatering BBQ at Grayson's Bar-B-Que.
What are the pros and cons of living in Minden?
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Living in Minden, LA, has its pros and cons. On the plus side, the city offers a high quality of life, family values, and outdoor recreation opportunities. However, the city also has a higher poverty rate and lower median household income compared to other parts of the country. Additionally, some residents may find the city's sparse suburban feel to be a drawback.
Is Minden a good place to live?
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Whether or not Minden is a good place to live depends on your individual preferences and priorities. If you value a high quality of life, outdoor recreation opportunities, and a strong sense of community, Minden may be a great fit for you. However, if you're looking for a more urban lifestyle or higher-paying job opportunities, you may want to consider other options. Overall, Minden is a charming city with a lot to offer, but it's essential to weigh the pros and cons before making a decision.
⭐ 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 Minden LA Commercial Property: $30,411
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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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