Wisconsin Rapids, WI High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Wisconsin Rapids, Wisconsin Market population: 18K. 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 Wisconsin Rapids WI Properties: 1.8500%
⭐ 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 Wisconsin Rapids WI
Common questions from investors exploring commercial real estate in Wisconsin Rapids WI.
What's the overall investment potential of Wisconsin Rapids, WI?
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The city's 15.6% poverty rate, combined with a 93.3% health insurance coverage rate, suggests a relatively stable workforce, while the $37,520 median household income and 18.1-minute average commute time indicate a decent quality of life for residents. Additionally, the top industries, including Finance & Insurance and Public Administration, contribute to a diverse economy. The median property value of $87,500 and median property taxes of $5,395 also make it an attractive option for investors.
How does the city's demographic diversity impact market demand?
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The city's top ethnicities, including White and White Non-Hispanic, along with a relatively low poverty rate of 15.6%, suggest a stable and diverse community. The presence of top industries like Transportation & Warehousing and Utilities also attracts a diverse workforce, which can drive demand for housing. Furthermore, the 57.7% homeownership rate and $87,500 median property value indicate a strong potential for rental yields and property appreciation.
What are the key factors influencing tenant quality in Wisconsin Rapids, WI?
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The 15.6% poverty rate, although relatively high, is balanced by the 93.3% health insurance coverage rate, indicating a working-class population with access to healthcare. The average commute time of 18.1 minutes and top commute methods, including driving alone and carpooling, also suggest a reliable and mobile workforce. These factors, combined with the $37,520 median household income, contribute to a relatively stable tenant base.
How does the city's economy impact real estate investment opportunities?
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The diverse economy, with top industries including Finance & Insurance, Public Administration, and Transportation & Warehousing, provides a stable foundation for real estate investment. The median household income of $37,520 and employed population of 7,835 also contribute to a strong demand for housing. Additionally, the GINI coefficient of 0.404 indicates a relatively low level of income inequality, which can lead to a more stable and predictable real estate market.
What role do quality-of-life metrics play in assessing market stability in Wisconsin Rapids, WI?
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The city's average commute time of 18.1 minutes, top commute methods, and 93.3% health insurance coverage rate all contribute to a high quality of life for residents. These factors, combined with the median property value of $87,500 and median property taxes of $5,395, suggest a stable and attractive market for real estate investment. The 57.7% homeownership rate also indicates a strong sense of community, which can lead to increased property values and rental yields over time.
Wisconsin Rapids WI Real Estate & City Facts
Key facts and real estate information about Wisconsin Rapids WI.
What are some of the best neighborhoods to live in Wisconsin Rapids?
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Some of the best neighborhoods to live in Wisconsin Rapids include areas near the Wisconsin River, such as the downtown area and surrounding neighborhoods, which offer a mix of historic homes and new developments. However, I couldn't find specific neighborhood names.
What are some fun things to do in Wisconsin Rapids?
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There are plenty of fun things to do in Wisconsin Rapids, such as visiting the Wisconsin Rapids Municipal Zoo, exploring the downtown area, and enjoying outdoor activities like hiking and fishing. You can also check out the local events and festivals, such as the Wisconsin Rapids Riverfest.
What is the food scene like in Wisconsin Rapids?
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The food scene in Wisconsin Rapids is welcoming and traditional, with a variety of restaurants serving classic American cuisine, including fish fry, handcrafted cocktails, and casual café bites. Some popular restaurants include Lake Aire Supper Club, Savory Steakhouse, and Jennings & Co., which serves great burgers and craft beers.
What are the pros and cons of living in Wisconsin Rapids?
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The pros of living in Wisconsin Rapids include its natural beauty, outdoor recreational opportunities, and small-town charm. However, some cons include a relatively high poverty rate and limited job opportunities in certain industries. Additionally, the town may not have as many cultural or entertainment options as larger cities.
Is Wisconsin Rapids a good place to live?
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Wisconsin Rapids can be a good place to live for those who value a close-knit community, outdoor activities, and a relaxed pace of life. While it may not offer all the amenities of a larger city, it has a unique charm and a strong sense of tradition. Ultimately, whether Wisconsin Rapids is a good fit for you 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 Wisconsin Rapids WI Commercial Property: $37,520
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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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