Berlin, ND Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Berlin, North Dakota Market population: 10K. 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 Berlin NH Properties: 2.7300%
⭐ 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 Berlin NH
Common questions from investors exploring commercial real estate in Berlin NH.
What's the overall investment potential of Berlin, NH, considering its demographics and economy?
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Berlin's median household income of $37,856, combined with a poverty rate of 17.4% and a high health insurance coverage of 89.6%, suggests a stable working-class market with access to employment opportunities, particularly in transportation, manufacturing, and public administration, which could attract reliable tenants.
How does the city's commute time and transportation infrastructure impact rental demand?
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The average commute time of 15.6 minutes, with top commute methods being driving alone, carpooling, and other modes, indicates a well-connected city with relatively easy access to workplaces, which, paired with a diverse economy led by industries like transportation and manufacturing, can support a strong rental market.
What role does ethnic diversity play in the local real estate market, and how might it influence demand?
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Berlin's ethnic diversity, led by a White population (49.3%) and White Non-Hispanic (48.9%), alongside a foreign-born rate of 2.5%, suggests a relatively homogeneous community, but one that is still open to diversity, which, combined with its top industries, could attract a variety of residents and thus support a stable housing market.
How do property values, taxes, and homeownership rates in Berlin, NH, affect real estate investment decisions?
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The median property value of $93,000, with median property taxes of $2,754, and a homeownership rate of 60.3%, indicates a relatively affordable housing market with manageable tax burdens, which, considering the city's employment opportunities and commute times, makes it an attractive location for both homeowners and investors looking for rental properties.
What insights can be gleaned from the city's health insurance coverage and its implications for tenant quality and market stability?
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The high health insurance coverage rate of 89.6%, in conjunction with a poverty rate of 17.4%, suggests that while there are challenges, there is also a significant portion of the population with access to healthcare, indicating a level of employment stability and potential for reliable tenants, which is crucial for maintaining a stable and profitable rental market in Berlin, NH.
Berlin NH Real Estate & City Facts
Key facts and real estate information about Berlin NH.
What are some of the best neighborhoods to live in Berlin?
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Some of the best neighborhoods to live in Berlin, NH, include Norwegian Village, a quaint and historic neighborhood with mature trees and quiet, safe streets. Other neighborhoods to consider are those near Jericho Mountain State Park and the downtown area, which offer easy access to outdoor recreation and local amenities.
What are some fun things to do in Berlin?
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Berlin, NH, offers a variety of fun things to do, including visiting Jericho Mountain State Park, which features hiking and ATV trails, and exploring the city's downtown area, which hosts events like the Local Works Farmer's Market and Drive to the 50's. You can also take a tour of the Mount Washington Cog Railway or go on a moose tour.
What is the food scene like in Berlin?
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The food scene in Berlin, NH, features a range of options, including Fagin's Pub, which serves comfort food and has a great selection of beers. You can also find Asian restaurants like Yokohama, which has been a staple in the Gorham restaurant scene for over 60 years. Additionally, there are Mexican food options like La Casita, and plenty of other local eateries to try.
What are the pros and cons of living in Berlin?
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The pros of living in Berlin, NH, include its affordable housing, easy access to outdoor recreation, and a strong sense of community. However, some cons to consider are the city's limited job opportunities and lower median household income compared to other parts of the state. Additionally, the city's remote location may make it difficult to access certain amenities or services.
Is Berlin a good place to live?
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Berlin, NH, can be a good place to live for those who value outdoor recreation, a strong sense of community, and affordable housing. While it may have its drawbacks, such as limited job opportunities and a remote location, the city's unique character and natural beauty make it an attractive option for those looking to escape the hustle and bustle of city life. Ultimately, whether or not Berlin 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 Berlin NH Commercial Property: $37,856
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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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