Converse, SC Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Converse, South Carolina Market population: 19K. 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 Converse TX Properties: 1.7300%
⭐ 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 Converse TX
Common questions from investors exploring commercial real estate in Converse TX.
What is the overall investment potential of Converse, TX, considering its demographic and economic factors?
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Converse, TX, with a population of 19,023 and a median age of 35.4, presents a stable investment market, given its median household income of $62,518 and a relatively low poverty rate of 11.7%, which is further supported by a high health insurance coverage rate of 87.5% and a diverse economy led by Public Administration, Wholesale Trade, and Information industries.
How does the ethnic diversity and industry mix in Converse, TX, impact the demand for real estate investments?
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The ethnic diversity, with top ethnicities being White (31.1%), Hispanic (24.2%), and White Non-Hispanic (17.3%), combined with a foreign-born rate of 12.5%, suggests a culturally rich and potentially growing market. The industry mix, dominated by Public Administration, Wholesale Trade, and Information, indicates a stable employment base, which can drive demand for housing and commercial properties.
What are the key factors influencing the quality of life in Converse, TX, and how do they affect real estate investment?
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The average commute time of 25.6 minutes, with top commute methods being driving alone, working at home, and carpooling, along with a high health insurance coverage rate of 87.5%, suggests a good quality of life. This, combined with a median property value of $123,800 and a homeownership rate of 71.6%, indicates a stable and potentially appreciating real estate market.
How does the poverty rate and health insurance coverage in Converse, TX, impact the assessment of tenant quality for rental investments?
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The poverty rate of 11.7% combined with a high health insurance coverage rate of 87.5% suggests a working-class market with employment stability, which can be attractive for rental investments. This stability, along with an employed population of 9,117 and a GINI coefficient of 0.355, indicates a market where tenants are likely to have a stable income and be able to afford rent.
What role do the top industries in Converse, TX, play in determining the market demand for different types of real estate investments?
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The top industries, including Public Administration, Wholesale Trade, and Information, play a significant role in determining market demand. These industries can drive demand for office spaces, warehouses, and residential properties, respectively. For instance, the presence of Public Administration and Information industries may increase demand for commercial office spaces, while Wholesale Trade could drive demand for industrial properties and logistics facilities.
Converse TX Real Estate & City Facts
Key facts and real estate information about Converse TX.
What are some of the best neighborhoods to live in Converse?
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Some of the best neighborhoods to live in Converse, TX, are Northampton, Ventura, Horizon Pointe, and Cimarron. These neighborhoods offer a range of housing options, from affordable to luxury, and are known for their good schools, amenities, and community vibe.
What are some fun things to do in Converse?
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Converse, TX, has a variety of fun things to do, including visiting the Natural Bridge Caverns, exploring the Live Oak trails, and checking out local art gems. You can also find deals and discounts on activities like concerts, festivals, and guided bike rides.
What is the food scene like in Converse?
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The food scene in Converse, TX, is diverse and features a range of local spots, including Papa Dante's, Bayseas Seafood, and Lai Sinh Cuisine. You can also find popular chains like BJ's Restaurant & Brewhouse and Red Lobster. Additionally, there are plenty of great food trucks and restaurants serving everything from seafood to Cajun cuisine.
What are the pros and cons of living in Converse?
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The pros of living in Converse, TX, include its affordable housing, good schools, and community vibe. However, some cons include the city's limited job opportunities and higher crime rates compared to other areas. Overall, Converse is a great option for those looking for a affordable and family-friendly place to live.
Is Converse a good place to live?
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Converse, TX, is a good place to live for those who value affordability, community, and a relaxed atmosphere. While it may not have all the amenities and job opportunities of larger cities, it offers a unique blend of small-town charm and access to bigger city amenities in nearby San Antonio. Ultimately, whether Converse 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 Converse TX Commercial Property: $62,518
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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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