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Oak Creek, CO High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Oak Creek, Colorado Market population: 35K. Compare commercial properties across all major asset classes...

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πŸ“Š Average Cap Rate For Oak Creek WI 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 Oak Creek WI Properties: 1.7600%

⭐ 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 Oak Creek WI

Common questions from investors exploring commercial real estate in Oak Creek WI.

What is the overall investment potential of Oak Creek, WI? +
The combination of a relatively low poverty rate of 5.8% and high health insurance coverage of 94.7% suggests a stable market with access to a working-class population, while the top industries in Wholesale Trade and Professional Services indicate a strong demand for housing. Additionally, the median household income of $65,813 and median property value of $214,200 provide a solid foundation for investment. The city's diverse population, with top ethnicities including White, White Non-Hispanic, and Hispanic, also contributes to its investment potential.
How does the commute time and transportation infrastructure impact the quality of life for residents and investors? +
The average commute time of 23.9 minutes in Oak Creek, WI, along with the top commute methods of driving alone, working from home, and carpooling, indicates a relatively convenient and flexible transportation infrastructure, which can positively impact the quality of life for residents and attract potential investors. Furthermore, the high health insurance coverage rate of 94.7% and low unemployment rate of 3.4% suggest a stable and secure environment for investment.
What role does ethnic diversity play in shaping the local economy and demand for housing? +
The diverse population of Oak Creek, WI, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant local economy and demand for housing. The foreign-born rate of 4.3% and top industries in Wholesale Trade and Professional Services also indicate a strong and diverse economic base, which can support a stable and growing housing market. Moreover, the median property value of $214,200 and median property taxes of $8,585 provide a solid foundation for investment.
How do the poverty rate and health insurance coverage impact the quality of tenants and investment potential? +
The relatively low poverty rate of 5.8% combined with high health insurance coverage of 94.7% in Oak Creek, WI, suggests a working-class market with employment stability and access to quality healthcare, which can attract reliable tenants and support investment potential. Additionally, the median household income of $65,813 and homeownership rate of 60.1% indicate a stable and secure environment for investment, with a strong potential for long-term returns.
What are the key factors that contribute to the stability and growth of the local housing market? +
The stability and growth of the local housing market in Oak Creek, WI, can be attributed to factors such as the median property value of $214,200, median property taxes of $8,585, and homeownership rate of 60.1%, which provide a solid foundation for investment. Additionally, the top industries in Wholesale Trade and Professional Services, diverse population, and relatively low poverty rate of 5.8% all contribute to a strong and growing housing market, with a high potential for long-term returns and stability.

Oak Creek WI Real Estate & City Facts

Key facts and real estate information about Oak Creek WI.

What are some of the best neighborhoods to live in Oak Creek? +
Some of the best neighborhoods to live in Oak Creek include Drexel Ridge, which is known for its peaceful and clean environment. Other desired areas tend to be in the south parts of the city, while more affordable homes are in the southwest regions.
What are some fun things to do in Oak Creek? +
There are plenty of fun things to do in Oak Creek, such as visiting the Oak Creek Historical Museum, exploring the exhibits, and checking out the Ultimate Ninjas Oak Creek, Classic Lanes Bowling Alley, and Drexel Town Square. You can also visit the Falk Park, Oak Creek Parkway Park, and other attractions.
What is the food scene like in Oak Creek? +
The food scene in Oak Creek is diverse, with a range of restaurants serving different cuisines. Some popular restaurants include Oak Creek Diner, Water Street Brewery, Ervs Mug, and others. There are also plenty of great food trucks and cafes to try.
What are the pros and cons of living in Oak Creek? +
The pros of living in Oak Creek include its rich history, beautiful parks, and gorgeous Lake Michigan shoreline. However, some cons include the fact that it's a relatively small city, and some residents may find it lacking in certain amenities or entertainment options. Overall, it's a great place to live for those who value a warm and welcoming atmosphere.
Is Oak Creek a good place to live? +
Yes, Oak Creek is a good place to live, offering a unique blend of history, natural beauty, and small-town charm. While it may have its drawbacks, the city's strong sense of community and plenty of things to see and do make it an attractive option for those looking to relocate.

πŸ“Š Average Income For Oak Creek WI Commercial Property: $65,813

⭐ 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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