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Wahpeton, IA High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Wahpeton, Iowa Market population: 8K. Compare commercial properties across all major asset classes with...

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11 properties found
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Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Wahpeton ND Properties: 1.6500%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Wahpeton ND

Common questions from investors exploring commercial real estate in Wahpeton ND.

What's the overall investment outlook for Wahpeton, ND? +
Wahpeton's median household income of $46,370, combined with a relatively high poverty rate of 15.3%, suggests a working-class market with some employment stability, while its 94.2% health insurance coverage and short 12.9-minute average commute time indicate a solid quality of life for residents.
How does the local economy impact real estate demand? +
The top industries in Wahpeton, including Finance & Insurance and Public Administration, contribute to a stable employment market, which, paired with the city's diverse population - 46.8% White and 2.2% Hispanic - and a foreign-born rate of 2.1%, suggests a consistent demand for housing, particularly with a median property value of $106,000.
What are the key factors to consider for rental property investments? +
The 15.3% poverty rate and 94.2% health insurance coverage in Wahpeton imply a tenant base with some financial stability, and with 52.5% of the population being homeowners, there's potential for rental demand, especially considering the short 12.9-minute commute time and the prevalence of driving and carpooling as commute methods.
How does the city's demographic diversity influence market trends? +
Wahpeton's ethnic diversity, with top ethnicities being White and White Non-Hispanic, alongside a small but present Hispanic population, suggests a culturally rich environment that could attract a variety of residents, potentially boosting demand for real estate, especially in a city with a relatively low median property tax of $1,757.
What role does income inequality play in the real estate market? +
The GINI coefficient of 0.462 indicates moderate income inequality in Wahpeton, which, when considered alongside the $46,370 median household income and 15.3% poverty rate, suggests that investors should focus on affordable housing options to cater to the broader demographic, potentially leveraging the city's strong health insurance coverage and short commute times to attract stable tenants.

Wahpeton ND Real Estate & City Facts

Key facts and real estate information about Wahpeton ND.

What are some of the best neighborhoods to live in Wahpeton? +
Some of the best neighborhoods to live in Wahpeton include Dakota Ave, which is a quiet and friendly neighborhood with well-kept homes and proximity to local amenities. Other neighborhoods to consider are those near the Bois de Sioux Golf Course and the Chahinkapa Zoo.
What are some fun things to do in Wahpeton? +
There are plenty of fun things to do in Wahpeton, including visiting the Chahinkapa Zoo, playing a round of golf at the Bois de Sioux Golf Course, and exploring the Richland County Historical Museum. You can also take a stroll along the riverfront and enjoy the city's parks and outdoor spaces.
What is the food scene like in Wahpeton? +
The food scene in Wahpeton is diverse and exciting, with a range of restaurants serving everything from fine dining to casual eats. Some popular spots include Prante's Fine Dining, Beyond's China Buffet, and The Boiler Room. There are also plenty of great food trucks and cafes to grab a quick bite or coffee.
What are the pros and cons of living in Wahpeton? +
The pros of living in Wahpeton include its small-town charm, friendly community, and affordable cost of living. However, some cons include the limited job opportunities and entertainment options compared to larger cities. Overall, Wahpeton is a great place to live for those who value a close-knit community and a relaxed pace of life.
Is Wahpeton a good place to live? +
Wahpeton is a great place to live for those who are looking for a small-town atmosphere with a strong sense of community. While it may not have all the amenities of a larger city, it offers a unique blend of natural beauty, outdoor recreation, and cultural attractions that make it an attractive option for families, retirees, and young professionals alike.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Wahpeton ND Commercial Property: $46,370

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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Prime 15-Unit Multifamily Investment in Heart of San Francisco

$4,895,000
San Francisco Multifamily

Discover a prime multifamily investment in the heart of San Francisco's vibrant 94103 zip code. This 15-unit mid-rise pr...

Cap Rate %
NOI $0
Size 8,225 SF
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7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

$2,100,000
Long Beach Multifamily

Discover a compelling value-add opportunity in the heart of Long Beach, California. This 7-unit multifamily property, lo...

Cap Rate 7.00%
NOI $144,960
Size 6,074 SF
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Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate

$12,750,000
Arcata Multifamily

Presenting a compelling value-add investment in the vibrant city of Arcata, California. This 126-unit garden-style apart...

Cap Rate 8.67%
NOI $99,999
Size 87,484 SF
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