Godfrey, GA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Godfrey, Georgia Market population: 18K. Explore income-producing properties with verified cap rates and operating...
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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 Godfrey IL Properties: 2.0700%
⭐ 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 Godfrey IL
Common questions from investors exploring commercial real estate in Godfrey IL.
What's the overall investment potential of Godfrey, IL, considering its demographics and economy?
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Godfrey, IL, with a population of 17,951 and a median age of 44.1, presents a stable investment environment, given its relatively low poverty rate of 6.7% and high health insurance coverage of 96.0%, indicating a reliable tenant base. The top industries, including Finance & Insurance and Manufacturing, contribute to a median household income of $58,698, suggesting a strong local economy.
How does the ethnic diversity and commute time in Godfrey, IL, impact the real estate market?
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The ethnic diversity in Godfrey, IL, with top ethnicities being White (47.8%) and White Non-Hispanic (47.2%), alongside a low foreign born rate of 2.4%, suggests a relatively homogeneous community. This, combined with an average commute time of 24.2 minutes and top commute methods including driving alone and working from home, indicates a stable and possibly growing demand for housing due to its accessibility and quality of life.
What are the key factors influencing rental yields and property appreciation in Godfrey, IL?
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The median property value of $142,900 and median property taxes of $6,082, along with a high homeownership rate of 82.8%, suggest a strong demand for housing. Considering the low poverty rate of 6.7% and high health insurance coverage of 96.0%, rental yields could be stable, and property appreciation might be influenced by the growing industries such as Finance & Insurance and Manufacturing.
How does the quality of life in Godfrey, IL, affect its attractiveness to investors and tenants?
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The quality of life in Godfrey, IL, characterized by an average commute time of 24.2 minutes, high health insurance coverage of 96.0%, and low unemployment rate of 3.4%, makes it an attractive location for both investors and tenants. The top commute methods, including driving alone and working from home, also suggest flexibility and convenience, which can enhance the desirability of the area.
What insights can be gleaned from the economic and demographic data for real estate investment strategies in Godfrey, IL?
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The economic data, showing a median household income of $58,698 and a GINI coefficient of 0.4, indicates a relatively equitable distribution of income. Combined with the demographic data, such as a median age of 44.1 and top industries including Finance & Insurance, this suggests a stable and potentially growing market. Investors may find opportunities in catering to the local workforce and families, given the high homeownership rate and low poverty rate.
Godfrey IL Real Estate & City Facts
Key facts and real estate information about Godfrey IL.
What are some of the best neighborhoods to live in Godfrey?
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Some of the best neighborhoods to live in Godfrey include Camelot/Delmar, which is known for its friendliness and family-friendly atmosphere. Other desirable areas tend to be in the south parts of the city, while more affordable homes are in the central regions.
What are some fun things to do in Godfrey?
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Godfrey offers a variety of activities for residents and visitors, including well-maintained parks with sports fields, picnic areas, and miles of trails for hiking or biking. You can also drive, bike, or take a motorcycle cruise along the Great River Road, which provides breathtaking views of the Mississippi River. Additionally, the Lewis and Clark Community College campus and its Monticello Sculpture Gardens are popular attractions.
What is the food scene like in Godfrey?
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The food scene in Godfrey is thriving, with restaurants like Bakers & Hale offering a refined yet approachable take on breakfast and lunch favorites. LuciAnna's Bistrot is another popular spot, known for its delicious brunch and mimosas. Ranch House is a beloved gem for comfort food at reasonable prices, and the city is also home to a variety of other restaurants and eateries.
What are the pros and cons of living in Godfrey?
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Godfrey has a lot to offer, including its beautiful natural scenery, rich history, and community events. However, like any city, it also has its challenges. Some areas of the city may be more affordable than others, and traffic can be a concern in certain parts of town. Overall, Godfrey is a great place to live for those who value a strong sense of community and a relaxed, small-town atmosphere.
Is Godfrey a good place to live?
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Godfrey is a great place to live for those who value a strong sense of community, beautiful natural scenery, and a relaxed, small-town atmosphere. While it may have its challenges, the city has a lot to offer, including its rich history, community events, and thriving food scene. Ultimately, whether or not Godfrey is a good place to live depends on your individual preferences and priorities.
⭐ 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 Godfrey IL Commercial Property: $58,698
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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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