Beverly, WV Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Beverly, West Virginia Market population: 40K. Compare commercial properties across all major asset classes...
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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 Beverly MA Properties: 1.0200%
⭐ 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 Beverly MA
Common questions from investors exploring commercial real estate in Beverly MA.
What is the overall investment potential of Beverly, MA, considering its demographic and economic factors?
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Beverly, MA offers a stable investment market, with a median household income of $70,563, a relatively low poverty rate of 9.1%, and a high health insurance coverage rate of 97.5%, indicating a reliable tenant base. The city's diverse economy, led by industries such as Finance & Insurance and Professional, Scientific, & Management, supports a strong employment market. Additionally, the average commute time of 26 minutes and top commute methods, including public transit, suggest a well-connected city with good infrastructure.
How does the ethnic diversity and foreign-born population impact the demand for housing in Beverly, MA?
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The ethnic diversity in Beverly, MA, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant and inclusive community, which can attract a wide range of residents and support demand for housing. The foreign-born rate of 12.1% also indicates a potential for international investment and a diverse tenant base. Furthermore, the city's median property value of $361,100 and median property taxes of $9,557 suggest a relatively stable and affordable housing market.
What are the key factors that contribute to the quality of life in Beverly, MA, and how do they impact real estate investment?
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The quality of life in Beverly, MA is influenced by factors such as the average commute time of 26 minutes, the high health insurance coverage rate of 97.5%, and the low poverty rate of 9.1%, which all contribute to a stable and secure environment for residents. The top commute methods, including drove alone, worked at home, and public transit, also indicate a well-connected city with flexible transportation options. These factors can attract residents and support demand for housing, making Beverly, MA an attractive location for real estate investment.
How does the income inequality and poverty rate in Beverly, MA affect the rental market and tenant quality?
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The income inequality, measured by a GINI coefficient of 0.461, and the poverty rate of 9.1% in Beverly, MA suggest a relatively stable and secure rental market, with a mix of low- and high-income residents. The high health insurance coverage rate of 97.5% also indicates a reliable and employed tenant base. Additionally, the median household income of $70,563 and the top industries, including Finance & Insurance and Professional, Scientific, & Management, support a strong and diverse economy, which can attract a wide range of residents and support demand for housing.
What are the implications of the homeownership rate and median property value on the real estate investment market in Beverly, MA?
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The homeownership rate of 60.5% and the median property value of $361,100 in Beverly, MA suggest a relatively stable and secure housing market, with a mix of owner-occupied and rental properties. The median property taxes of $9,557 also indicate a relatively affordable housing market. Furthermore, the city's diverse economy and high health insurance coverage rate support a strong and reliable tenant base, making Beverly, MA an attractive location for real estate investment, with potential for long-term appreciation and rental income.
Beverly MA Real Estate & City Facts
Key facts and real estate information about Beverly MA.
What are some of the best neighborhoods to live in Beverly?
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Some of the best neighborhoods to live in Beverly include Pearl - Corning, which is known for its strong sense of community and family-friendly atmosphere. Downtown Beverly is also a popular area, with easy access to the beach and shorefront parks. Other desirable neighborhoods include those in the central parts of the city, while more affordable homes can be found in the west regions.
What are some fun things to do in Beverly?
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There are plenty of fun things to do in Beverly, including visiting the Lynch Park, North Shore Music Theatre, and The Cabot. You can also explore the Beverly Commons Conservation Area, or check out the Castle: A Board Game Cafe. If you're looking for something more adventurous, you can try cityHUNT or visit the Museum of Printing.
What is the food scene like in Beverly?
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The food scene in Beverly is vibrant and diverse, with a range of restaurants serving everything from farm-to-table cuisine to globally inspired dishes. Some popular restaurants include Kitchen Table, Que Mas, and Soma, which serves delicious pizza and other dishes. You can also find great food at Sala Restobar, Bonefish Harry's, and Takami.
What are the pros and cons of living in Beverly?
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The pros of living in Beverly include its scenic coastal location, buzzy art scene, and lively town center. The city also has a strong sense of community, with many family-friendly neighborhoods and activities. However, some cons include the relatively high cost of living, with median property values over $360,000. Additionally, traffic and parking can be a challenge in some areas, especially during peak season.
Is Beverly a good place to live?
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Overall, Beverly is a great place to live, with its unique blend of coastal charm, cultural attractions, and community spirit. While it may have some drawbacks, such as high property values and traffic, the city's many advantages make it an attractive option for those looking to relocate to the North Shore. With its beautiful parks, vibrant food scene, and easy access to Boston, Beverly is definitely worth considering as a place to call home.
⭐ 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 Beverly MA Commercial Property: $70,563
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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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