Saco, MT High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Saco, Montana Market population: 19K. 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 Saco ME Properties: 1.8300%
⭐ 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 Saco ME
Common questions from investors exploring commercial real estate in Saco ME.
What is the overall investment potential of Saco, ME, considering its demographic and economic factors?
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The combination of a relatively low poverty rate of 8.5%, a high health insurance coverage rate of 93.2%, and a strong median household income of $55,524 suggests a stable and attractive market for real estate investment in Saco, ME. The top industries, including Transportation & Warehousing and Finance & Insurance, also indicate a diverse economy. Additionally, the average commute time of 23.3 minutes and high homeownership rate of 67.2% point to a desirable quality of life for residents.
How does the ethnic diversity and industry mix in Saco, ME impact the demand for housing and rental properties?
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The ethnic diversity in Saco, ME, with a majority of White and White Non-Hispanic populations, combined with the presence of top industries like Information and Finance & Insurance, suggests a steady demand for housing and rental properties. The GINI coefficient of 0.397 indicates a moderate level of income inequality, which, along with the median property value of $229,000, suggests opportunities for both affordable and luxury housing investments.
What are the implications of the commute patterns and health insurance coverage for the quality of life and tenant stability in Saco, ME?
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The average commute time of 23.3 minutes, with a significant portion of the population driving alone or working from home, indicates a convenient and flexible lifestyle for residents. Coupled with the high health insurance coverage rate of 93.2%, this suggests a stable and healthy population, which is beneficial for maintaining low vacancy rates and attracting reliable tenants.
How do the poverty rate and employment statistics in Saco, ME influence the potential for real estate investment and property appreciation?
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The relatively low poverty rate of 8.5% and the employed population of 10,441 suggest a strong and stable workforce in Saco, ME. This, combined with the median household income of $55,524 and the top industries, indicates a positive outlook for property appreciation and rental income growth, making it an attractive location for real estate investment.
What role do the median property value and property taxes play in determining the viability of real estate investments in Saco, ME?
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The median property value of $229,000 and median property taxes of $5,213 in Saco, ME, need to be considered in the context of the city's overall economic stability, represented by its low poverty rate of 8.5% and high health insurance coverage of 93.2%. These factors, along with the diverse industry mix and favorable commute times, suggest that while property taxes are a consideration, the overall investment potential remains positive due to the stable and growing economy.
Saco ME Real Estate & City Facts
Key facts and real estate information about Saco ME.
What are some of the best neighborhoods to live in Saco?
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Some of the best neighborhoods to live in Saco include Blue Haven, Kinney Shores, Camp Ellis, and Ferry Beach. These neighborhoods offer a range of housing options, from quaint beach communities to more modern developments, and are known for their desirable locations and amenities.
What are some fun things to do in Saco?
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Saco has a variety of attractions and activities to enjoy, including Funtown Splashtown USA, Ferry Beach State Park, Laurel Hill Cemetery, and Aquaboggan Water Park. You can also explore the downtown area, visit the Saco Museum, or take a stroll along the riverfront.
What is the food scene like in Saco?
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Saco's food scene is diverse and growing, with a range of restaurants serving everything from seafood to Mexican cuisine. Some popular spots include Run of the Mill, Sea Salt Lobster, Golden Rooster Restaurant, and Lobster Claw Pound & Restaurant. There are also plenty of great food trucks and cafes to check out.
What are the pros and cons of living in Saco?
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The pros of living in Saco include its beautiful beaches, outdoor recreational opportunities, and growing food and arts scene. However, some cons include the potential for traffic and crowds during the summer tourist season, and the need for more affordable housing options. Overall, Saco is a great choice for those who want to live in a charming coastal town with a strong sense of community.
Is Saco a good place to live?
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Yes, Saco is a great place to live for those who value a small-town coastal lifestyle with plenty of amenities and activities. While it may have some drawbacks, such as traffic and crowds during the summer, the town's natural beauty, outdoor recreational opportunities, and growing food and arts scene make it an attractive choice for many people. Ultimately, whether or not Saco 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 Saco ME Commercial Property: $55,524
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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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