West Clarkston-Highland, WA High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in West Clarkston-Highland, Washington Market population: 5K. Explore income-producing properties with verified cap rates and...
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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 West Clarkston-Highland WA Properties: 1.1000%
⭐ 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 West Clarkston-Highland WA
Common questions from investors exploring commercial real estate in West Clarkston-Highland WA.
What's the overall investment outlook for West Clarkston-Highland, WA?
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With a median household income of $39,522 and a poverty rate of 17.0%, West Clarkston-Highland presents a relatively stable market, especially considering the 89.6% health insurance coverage, which suggests a degree of employment stability and access to healthcare, making it an attractive option for investors looking for a working-class demographic with a strong foundation in industries like Transportation & Warehousing and Public Administration.
How does the city's commute time and transportation infrastructure impact rental demand?
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The average commute time of 15.2 minutes, combined with top commute methods like driving alone and carpooling, indicates a well-connected city with relatively easy access to employment centers, which can drive rental demand, especially in a city with a high percentage of employed population, such as the 1926 employed individuals here, and a diverse economy including Finance & Insurance, and Real Estate & Rental & Leasing.
What role does ethnic diversity play in the local real estate market?
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The city's top ethnicities, including White (47.5%) and White Non-Hispanic (46.0%), alongside a foreign-born rate of 1.9%, suggest a relatively homogeneous community, but the presence of diverse industries like Transportation & Warehousing, and Public Administration can attract a varied workforce, potentially influencing rental yields and property appreciation, especially in areas with higher concentrations of specific ethnic groups or professional communities.
How do property values and taxes in West Clarkston-Highland compare to other investment considerations?
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With a median property value of $166,300 and median property taxes of $1,341, West Clarkston-Highland offers a relatively affordable entry point for investors, considering the city's 65.6% homeownership rate and the average household income, which can support rental payments, and when combined with the low average commute time of 15.2 minutes and high health insurance coverage of 89.6%, presents a compelling case for investment in rental properties.
What are the implications of the city's income inequality and poverty rate for real estate investors?
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The GINI coefficient of 0.389, indicating moderate income inequality, coupled with a poverty rate of 17.0%, suggests that investors should be cautious about the potential for fluctuations in rental income, however, the strong presence of industries like Finance & Insurance, and Real Estate & Rental & Leasing, and a high health insurance rate of 89.6%, can mitigate some of this risk by providing a stable employment base for tenants, making it essential for investors to carefully assess the local economy and demographic trends when evaluating investment opportunities in West Clarkston-Highland.
West Clarkston-Highland WA Real Estate & City Facts
Key facts and real estate information about West Clarkston-Highland WA.
What are some of the best neighborhoods to live in West Clarkston-Highland?
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Some of the best neighborhoods to live in West Clarkston-Highland include the east parts of the city, which tend to be more desired, and the west regions, which offer more affordable homes. You can find condos for sale in West Clarkston-Highland, and neighborhoods like Westridge Apartments are popular for their professional and helpful management staff.
What are some fun things to do in West Clarkston-Highland?
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There are plenty of fun things to do in West Clarkston-Highland, including visiting Chief Timothy Park, Basalt Cellars Winery, and the Asotin County Aquatic Center. You can also enjoy outdoor activities like boating, sailing, whitewater rafting, fishing, and swimming, as well as golfing, hiking, biking, hunting, and camping.
What is the food scene like in West Clarkston-Highland?
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The food scene in West Clarkston-Highland offers a variety of options, including Fazzari's Finest, Hogan's, Rooster's Waterfront Restaurant, and Brava's Hells Canyon. You can also find chain restaurants like Arby's and Papa John's, as well as local favorites like Bear's Den on capital.
What are the pros and cons of living in West Clarkston-Highland?
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The pros of living in West Clarkston-Highland include its suburban community with extensive river access, bordered by the Snake River on its northwest and east sides. However, the cons include a relatively high poverty rate and a limited number of job opportunities. Overall, West Clarkston-Highland is a great place to live for those who value a quiet, small-town atmosphere and outdoor recreation.
Is West Clarkston-Highland a good place to live?
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West Clarkston-Highland is a good place to live for those who value a quiet, small-town atmosphere and outdoor recreation. The city has a strong sense of community, with plenty of opportunities to get involved in local events and activities. However, it may not be the best fit for everyone, particularly those who are looking for a more urban lifestyle or a wider range of job opportunities.
⭐ 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 West Clarkston-Highland WA Commercial Property: $39,522
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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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