West Hattiesburg, MS High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in West Hattiesburg, Mississippi Market population: 6K. Explore income-producing properties with verified cap rates and...
Advertisement
12 properties found
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
⭐ 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 Hattiesburg MS Properties: 1.1400%
⭐ 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 Hattiesburg MS
Common questions from investors exploring commercial real estate in West Hattiesburg MS.
What's the overall investment outlook for West Hattiesburg, MS?
+
The 26.6% poverty rate combined with 81.0% health insurance coverage suggests a working-class market with some employment stability, and the relatively low average commute time of 19.4 minutes indicates solid infrastructure for renters, making it a potential investment opportunity, especially considering the top industries like Finance & Insurance and Educational Services.
How does the local economy impact real estate investment in West Hattiesburg?
+
With a median household income of $40,786 and an employed population of 3,331, the local economy seems to have a stable base, and the presence of diverse top industries such as Finance & Insurance, Educational Services, and Health Care & Social Assistance could drive demand for housing, especially when considering the ethnic diversity with Black, White, and White Non-Hispanic populations.
What are the key factors to consider for rental yields in West Hattiesburg?
+
The 44.7% homeownership rate and median property value of $146,200 could indicate a relatively affordable market for renters, and when combined with the average commute time of 19.4 minutes and top commute methods like Drove Alone and Carpooled, it suggests a convenient location that could attract renters, potentially leading to stable rental yields.
How does the demographic diversity of West Hattiesburg impact market demand?
+
The city's ethnic diversity, with significant Black, White, and White Non-Hispanic populations, could contribute to a robust market demand, especially when considering the relatively high health insurance coverage rate of 81.0%, which may indicate a level of economic stability among residents, and the diverse top industries that could attract a wide range of professionals and families.
What's the potential for property appreciation in West Hattiesburg?
+
Given the median property value of $146,200 and median property taxes of $1,293, the housing market in West Hattiesburg seems relatively affordable, and when combined with the city's diverse economy, driven by industries like Finance & Insurance and Educational Services, and its convenient location with an average commute time of 19.4 minutes, it could potentially lead to property appreciation over time, especially if the local economy continues to grow and diversify.
West Hattiesburg MS Real Estate & City Facts
Key facts and real estate information about West Hattiesburg MS.
What are some of the best neighborhoods to live in West Hattiesburg?
+
Some of the best neighborhoods to live in West Hattiesburg include those near the University of Southern Mississippi, as well as neighborhoods with easy access to downtown Hattiesburg and its many amenities. However, I was unable to find specific neighborhood names in my search results.
What are some fun things to do in West Hattiesburg?
+
There are plenty of fun things to do in West Hattiesburg, including visiting the Hattiesburg Zoo, exploring the Turtle Creek Mall, and checking out the city's many museums and historical trails. You can also enjoy outdoor activities like hiking and biking, or attend one of the many festivals and events held in the city throughout the year.
What is the food scene like in West Hattiesburg?
+
The food scene in West Hattiesburg is diverse and vibrant, with a wide range of restaurants serving everything from Southern comfort food to international cuisine. Some popular spots include the Birdhouse Cafe, Crescent City Grill, and SoPro Brewing, which serves creative cuisine and has a popular brewery and hangout spot. There are also plenty of great food trucks and casual eateries to choose from.
What are the pros and cons of living in West Hattiesburg?
+
One of the pros of living in West Hattiesburg is its vibrant downtown area, which offers a wide range of amenities and activities. The city also has a strong sense of community, with many festivals and events held throughout the year. However, one of the cons is that the city has a higher poverty rate and lower median household income compared to other parts of the country. Additionally, some areas of the city may have higher crime rates than others.
Is West Hattiesburg a good place to live?
+
Overall, West Hattiesburg can be a great place to live for people who value a strong sense of community and a vibrant downtown area. While it may have some challenges, such as a higher poverty rate and lower median household income, the city also has a lot to offer, including a diverse food scene, plenty of outdoor activities, and a wide range of cultural attractions. Ultimately, whether or not West Hattiesburg is a good place to live will depend 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 West Hattiesburg MS Commercial Property: $40,786
Advertisement
⭐ 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
Advertisement
⭐ 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
Advertisement
⭐ 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
Advertisement