Erlanger, KY Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Erlanger, Kentucky Market population: 18K. Compare commercial properties across all major asset classes with...
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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 Erlanger KY Properties: 1.0700%
⭐ 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 Erlanger KY
Common questions from investors exploring commercial real estate in Erlanger KY.
What is the overall investment potential of Erlanger, KY, considering its demographic and economic factors?
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Erlanger, KY, with a population of 18,243 and a median age of 35.8, presents a stable investment market, given its median household income of $57,482 and a relatively low poverty rate of 10.9%, which is further bolstered by a high health insurance coverage rate of 92.5%, indicating a market with employment stability and access to healthcare.
How does the ethnic diversity and industry mix in Erlanger, KY, impact the demand for real estate investments?
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The city's ethnic diversity, led by White (46.2%) and White Non-Hispanic (45.6%) populations, alongside its top industries such as Information, Professional, Scientific, & Management, and Public Administration, suggests a diverse and potentially growing market, which can support a variety of real estate investments, from residential to commercial properties.
What are the implications of Erlanger, KY's commute times and health insurance coverage for real estate investors?
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The average commute time of 22.1 minutes, combined with a high health insurance coverage rate of 92.5%, indicates a quality of life that is attractive to potential residents, suggesting that investments in real estate, particularly in residential areas, could yield stable returns due to the desirability of the location.
How do the poverty rate and employment population in Erlanger, KY, influence the stability of the real estate market?
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With a poverty rate of 10.9% and an employed population of 9,285, Erlanger, KY, demonstrates a balance between economic challenges and opportunities, suggesting that real estate investments could benefit from a stable workforce and relatively low poverty, which can contribute to a more predictable and stable rental market.
What insights do the median property value and homeownership rate offer for real estate investors in Erlanger, KY?
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The median property value of $123,200 and a homeownership rate of 68.3% in Erlanger, KY, indicate a relatively affordable housing market with a significant portion of the population invested in homeownership, which can be attractive for investors looking to balance rental income with potential long-term property appreciation.
Erlanger KY Real Estate & City Facts
Key facts and real estate information about Erlanger KY.
What are some of the best neighborhoods to live in Erlanger?
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Some of the best neighborhoods to live in Erlanger include Arbor Woods, Lakemont, Erlanger Lakes, Country Estates, and the area around Melinda Lane. These neighborhoods offer a range of housing options, from newer construction to more affordable homes, and are known for their desirable locations and community feel.
What are some fun things to do in Erlanger?
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There are plenty of fun things to do in Erlanger, including visiting the Kenton County Public Library, the CVG Aircraft Viewing Area, and the Erlanger Historical Depot Museum. You can also explore the nearby parks, such as Flagship Park and Silver Lake Park, or check out the local attractions like the Cincinnati Zoo and Botanical Garden, the Newport Aquarium, and the Great American Ball Park.
What is the food scene like in Erlanger?
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The food scene in Erlanger is diverse and delicious, with a range of restaurants serving everything from American comfort food to Mexican and Asian cuisine. Some popular spots include The Hive - East Coast Kitchen & Coffee Bar, Sake Bomb Sushi, Amigos Mexican Restaurant, and Greyhound Tavern. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Erlanger?
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The pros of living in Erlanger include its convenient location, affordable housing options, and range of community amenities. However, some cons include the potential for traffic and congestion, especially during rush hour, and the need for a car to get around. Additionally, some areas of the city may be more prone to noise and activity due to their proximity to the airport or major roads.
Is Erlanger a good place to live?
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Overall, Erlanger is a great place to live, offering a unique blend of small-town charm and big-city amenities. With its affordable housing, convenient location, and range of community attractions, it's an ideal choice for families, professionals, and anyone looking for a friendly and welcoming community. Of course, like any city, it's not perfect, but its pros definitely outweigh its cons, making it a great option for those considering a move to the area.
⭐ 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 Erlanger KY Commercial Property: $57,482
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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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