Mount Horeb, WI High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Mount Horeb, Wisconsin Market population: 7K. 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 Mount Horeb WI Properties: 4.3450%
⭐ 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 Mount Horeb WI
Common questions from investors exploring commercial real estate in Mount Horeb WI.
What's the overall investment potential of Mount Horeb, WI?
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Mount Horeb, WI offers a stable investment market with a median household income of $65,823, a relatively low poverty rate of 4.2%, and a high health insurance coverage rate of 97.2%, indicating a strong and secure tenant base. The top industries, including Finance & Insurance and Public Administration, also suggest a diverse economy. With a median property value of $227,800 and an average commute time of 22.8 minutes, the area presents a promising opportunity for real estate investors.
How does the local economy impact real estate investment in Mount Horeb?
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The local economy in Mount Horeb, driven by industries like Finance & Insurance, Public Administration, and Information, contributes to a stable employment market with 3,844 employed individuals, which is about 53.6% of the population. This, combined with a median household income of $65,823 and a low poverty rate of 4.2%, suggests a reliable demand for housing and a potential for long-term rental income. Additionally, the area's low income inequality, as indicated by a GINI coefficient of 0.356, points to a more evenly distributed wealth, which can contribute to a more stable housing market.
What is the quality of life like for residents and tenants in Mount Horeb?
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The quality of life in Mount Horeb is characterized by a short average commute time of 22.8 minutes, with the majority of residents driving alone, working from home, or carpooling. This, along with a high health insurance coverage rate of 97.2%, indicates a good standard of living. The area's ethnic diversity, although predominantly White, suggests a potentially welcoming community. With a median age of 38.9, the population is fairly established, which could imply a stable demand for housing and rentals.
How does the housing market in Mount Horeb look for investors?
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The housing market in Mount Horeb presents an attractive opportunity for investors, with a median property value of $227,800 and a median property tax of $1,843. The homeownership rate of 66.5% is relatively high, suggesting a strong preference for owning over renting, but this also means there's a sizable rental market. Considering the low poverty rate of 4.2% and high health insurance coverage of 97.2%, the rental market is likely to be stable, with tenants capable of paying rent reliably.
What are the key demographic factors to consider for real estate investment in Mount Horeb?
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Key demographic factors include a population of 7,172 with a median age of 38.9, indicating a fairly established community. The top ethnicities are predominantly White, suggesting a relatively homogeneous community, but the presence of other ethnic groups adds to the diversity. With a foreign-born rate not reported, it's essential to focus on the low poverty rate of 4.2%, high employment rate, and significant health insurance coverage of 97.2%, which collectively point to a stable and secure environment for real estate investment.
Mount Horeb WI Real Estate & City Facts
Key facts and real estate information about Mount Horeb WI.
What are some of the best neighborhoods to live in Mount Horeb?
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Some of the best neighborhoods to live in Mount Horeb include Perry Township, which is a peaceful and rural area known for its beautiful hills and abundant wildlife. The southwest parts of the city also tend to be more desired, while more affordable homes can be found in the south regions. Additionally, the downtown area has a Scandinavian feel, with a main street decorated with life-sized, carved, wooden trolls.
What are some fun things to do in Mount Horeb?
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There are plenty of fun things to do in Mount Horeb, such as hitting the slopes or snow tubing at Tyrol Basin, exploring scenic parks for cross-country skiing and snowshoeing at Blue Mound State Park, or visiting the Cave of the Mounds in neighboring Blue Mounds. You can also check out the architectural brilliance at Frank Lloyd Wright's Taliesin and Visitor Center in Spring Green, or visit Stewart Lake County Park, Donald County Park, and other attractions.
What is the food scene like in Mount Horeb?
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Unfortunately, I was unable to gather information about the food scene in Mount Horeb. However, I can suggest checking out local restaurants and breweries, such as Grumpy Troll Brewery, which is a popular spot in the area. There are also plenty of great food trucks and local eateries to explore.
What are the pros and cons of living in Mount Horeb?
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The pros of living in Mount Horeb include its peaceful and rural atmosphere, scenic parks and outdoor recreational opportunities, and a strong sense of community. However, some cons may include the limited job opportunities and higher cost of living compared to other areas. Additionally, the city's small size may not be suitable for everyone, and some residents may find it too quiet or limited in terms of entertainment options.
Is Mount Horeb a good place to live?
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Overall, Mount Horeb can be a great place to live for those who value a peaceful and rural atmosphere, outdoor recreational opportunities, and a strong sense of community. While it may not be suitable for everyone, the city's unique character and natural beauty make it an attractive option for those looking for a slower pace of life. As with any place, it's essential to weigh the pros and cons and consider your individual needs and preferences 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 Mount Horeb WI Commercial Property: $65,823
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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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