Montgomery, MN Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Montgomery, Minnesota Market population: 205K. 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 Montgomery AL Properties: 3.9500%
⭐ 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 Montgomery AL
Common questions from investors exploring commercial real estate in Montgomery AL.
What's the overall investment outlook for Montgomery, AL, considering its demographics and economy?
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The city's median household income of $43,702, combined with a poverty rate of 21.9% and a high health insurance coverage of 88.1%, suggests a relatively stable market with opportunities for growth, particularly in the Wholesale Trade and Finance & Insurance sectors, which are among the top industries. The diverse population, with top ethnicities including Black, White, and White Non-Hispanic, contributes to a vibrant community. Additionally, the average commute time of 18.5 minutes and high homeownership rate of 55.4% indicate a desirable quality of life.
How does the poverty rate and health insurance coverage impact the tenant quality in Montgomery, AL?
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The 21.9% poverty rate combined with 88.1% health insurance coverage suggests a working-class market with employment stability, which can lead to reliable tenants. The top industries, including Wholesale Trade and Finance & Insurance, also contribute to a stable workforce, while the ethnic diversity and relatively low average commute time of 18.5 minutes enhance the overall quality of life and attractiveness to potential renters.
What role do top industries play in shaping the real estate market in Montgomery, AL?
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The top industries in Montgomery, AL, such as Wholesale Trade, Finance & Insurance, and Public Administration, drive demand for housing and commercial properties, with the median property value of $119,200 and median property taxes of $47,070 providing opportunities for investors. The employed population of 87,795 and median household income of $43,702 also support a stable market, while the city's diversity, with top ethnicities including Black, White, and White Non-Hispanic, contributes to a thriving community.
How does the commute time and transportation options affect the quality of life and property values in Montgomery, AL?
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The average commute time of 18.5 minutes in Montgomery, AL, is relatively low, indicating a convenient and accessible location, which can increase property values and attract renters. The top commute methods, including driving alone, carpooling, and working from home, also suggest flexibility and adaptability, while the health insurance coverage of 88.1% and high homeownership rate of 55.4% contribute to an overall high quality of life and stable market.
What are the implications of the GINI coefficient and income inequality for real estate investors in Montgomery, AL?
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The GINI coefficient of 0.477 in Montgomery, AL, indicates a moderate level of income inequality, which can impact the affordability and demand for housing. However, the median household income of $43,702, poverty rate of 21.9%, and health insurance coverage of 88.1% provide a more nuanced understanding of the market, suggesting opportunities for investors to cater to a diverse range of tenants and buyers, while the top industries and ethnic diversity contribute to a vibrant and growing community.
Montgomery AL Real Estate & City Facts
Key facts and real estate information about Montgomery AL.
What are some of the best neighborhoods to live in Montgomery?
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Some of the best neighborhoods to live in Montgomery include Edgbaston, Harborne, and Moseley. These areas are known for being safe and having a high quality of life. Additionally, neighborhoods like Dalraida and King's Heath are also popular among residents. It's worth noting that the southeast parts of the city tend to be more desirable, while the northwest regions offer more affordable housing options.
What are some fun things to do in Montgomery?
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There are plenty of fun things to do in Montgomery, including visiting the Legacy Museum, the First White House of the Confederacy, and the Alabama Safari Park. You can also catch a game by the Montgomery Biscuits, the city's minor league baseball team, or explore the beautiful Riverwalk Stadium. If you're interested in history, be sure to check out the National Memorial for Peace and Justice, the Dexter Avenue King Memorial Baptist Church, and the Alabama State Capitol.
What is the food scene like in Montgomery?
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The food scene in Montgomery is diverse and delicious, with a mix of Southern, BBQ, and seafood options. Some popular restaurants include Central, Dreamland BBQ, and Martin's Restaurant. You can also find great comfort food at places like Mrs. B's Home Cooking and Martha's Place. Additionally, there are plenty of great food trucks and cafes throughout the city, such as the M Cafe at the Montgomery Museum of Fine Arts.
What are the pros and cons of living in Montgomery?
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The pros of living in Montgomery include its rich history, cultural attractions, and Southern charm. The city also has a relatively low cost of living and a strong sense of community. However, some cons include the city's high poverty rate and crime rate. Additionally, some areas of the city can be quite run-down, and traffic can be a problem during rush hour. Overall, Montgomery is a great place to live for those who value history, culture, and community, but it's not without its challenges.
Is Montgomery a good place to live?
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Montgomery is a complex city with both positive and negative aspects. On the one hand, it has a rich history, cultural attractions, and a strong sense of community, making it a great place to live for those who value these things. On the other hand, it struggles with poverty and crime, and some areas of the city can be quite run-down. Ultimately, whether or not Montgomery is a good place to live depends on your individual priorities and preferences. If you're looking for a city with a lot of character and a low cost of living, Montgomery might be a great fit. But if you're looking for a city with a more polished or upscale atmosphere, you might want to consider other options.
⭐ 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 Montgomery AL Commercial Property: $43,702
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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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