Othello, WA High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Othello, Washington Market population: 7K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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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 Othello WA Properties: 1.2600%
⭐ 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 Othello WA
Common questions from investors exploring commercial real estate in Othello WA.
What's the overall investment potential of Othello, WA, considering its demographics and economy?
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Othello's diverse population, with 39.4% Hispanic and 28.5% White, combined with a median household income of $42,432 and a poverty rate of 25.8%, suggests a working-class market with potential for growth, especially given the strong presence of public administration and manufacturing industries, and an average commute time of just 15.5 minutes.
How does the city's commute time and health insurance coverage impact the quality of life for renters?
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The 15.5-minute average commute time and 81.1% health insurance coverage in Othello indicate a high quality of life for renters, with easy access to employment opportunities and a relatively stable and healthy population, which can lead to lower tenant turnover rates and more reliable rental income.
What are the implications of Othello's foreign-born rate and top industries for real estate investors?
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The 34.6% foreign-born rate and top industries like public administration and manufacturing suggest a culturally diverse and economically vibrant community, which can drive demand for housing and support long-term property appreciation, especially given the city's relatively low median property value of $146,000.
How do poverty rates and health insurance coverage interact to affect tenant quality in Othello?
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The 25.8% poverty rate combined with 81.1% health insurance coverage in Othello suggests a working-class market with employment stability and access to healthcare, indicating a relatively stable tenant base, which is essential for minimizing rental income risks and ensuring a steady return on investment.
What role do ethnicity and commute methods play in assessing market demand and stability in Othello?
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The ethnic diversity in Othello, with a mix of Hispanic, White, and other populations, and the prevalence of commute methods like driving alone and carpooling, indicate a dynamic and adaptable community, which can support a range of housing options and contribute to market stability, especially given the city's relatively high homeownership rate of 58.6% and low average commute time.
Othello WA Real Estate & City Facts
Key facts and real estate information about Othello WA.
What are some of the best neighborhoods to live in Othello?
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Some of the best neighborhoods to live in Othello include the area around Lions Park, which is known for its quiet and safe environment. The neighborhood is also close to local shops and restaurants, making it a convenient place to live. Additionally, the area around Kiwanis Park is also a popular choice for families and individuals looking for a peaceful place to live.
What are some fun things to do in Othello?
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There are plenty of fun things to do in Othello, including visiting the Columbia National Wildlife Refuge, which is a great place for outdoor activities such as hiking and birdwatching. You can also visit the Ironworks Cafe & Market, which serves delicious food and has a unique atmosphere. Additionally, the Brunswick Bar and Grill is a great place to grab a drink and watch sports.
What is the food scene like in Othello?
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The food scene in Othello is diverse and offers a range of options, from Mexican cuisine at Guadalajara Restaurant to American food at the Brunswick Bar and Grill. There are also plenty of great food trucks and cafes, such as the Desert Rose Cafe, that serve tasty and affordable meals. If you're looking for a unique dining experience, you can try the Ironworks Cafe & Market, which serves a range of dishes made with fresh, local ingredients.
What are the pros and cons of living in Othello?
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One of the pros of living in Othello is its small-town feel and close-knit community. The town also has a low cost of living and affordable housing options, making it an attractive choice for families and individuals on a budget. However, one of the cons is that Othello is a relatively small town, which can limit job opportunities and entertainment options. Additionally, the town's rural location can make it difficult to access certain amenities and services.
Is Othello a good place to live?
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Overall, Othello is a great place to live for those who value a small-town feel and a close-knit community. The town's low cost of living, affordable housing options, and outdoor recreational opportunities make it an attractive choice for families and individuals looking for a peaceful and affordable place to live. However, it may not be the best fit for those who require a wide range of job opportunities or entertainment options. Ultimately, whether or not Othello is a good place to live depends on your individual priorities and preferences.
⭐ 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 Othello WA Commercial Property: $42,432
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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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