Mount Washington, KY Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Mount Washington, Kentucky Market population: 11K. 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 Mount Washington KY Properties: 1.2500%
⭐ 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 Mount Washington KY
Common questions from investors exploring commercial real estate in Mount Washington KY.
What's the overall investment potential of Mount Washington, KY?
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With a median household income of $61,402 and a relatively low poverty rate of 7.5%, Mount Washington, KY, appears to be a stable investment market, especially considering the high health insurance coverage rate of 95.9% and the strong employment population of 5,551, indicating a reliable tenant base.
How does the local economy impact real estate investment in Mount Washington?
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The top industries in Mount Washington, including Finance & Insurance, and Real Estate & Rental & Leasing, suggest a strong and diverse economic base, which, combined with the low GINI coefficient of 0.36, indicates a stable and equitable economy, making it an attractive location for real estate investment, especially with the average commute time of 32.8 minutes and high homeownership rate of 84.8%.
What role does ethnic diversity play in the demand for real estate in Mount Washington?
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The ethnic diversity in Mount Washington, with top ethnicities being White (48.5%) and White Non-Hispanic (47.8%), and a foreign-born rate of 1.4%, may contribute to a varied demand for housing, potentially driven by the professional and scientific industries, and with 23.1% of the population holding a Bachelor's degree or higher, there's a notable segment of educated professionals seeking housing.
How do quality of life metrics influence the stability of the real estate market in Mount Washington?
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The average commute time of 32.8 minutes, with top commute methods including driving alone and working from home, indicates a flexible and manageable lifestyle for residents, which, paired with the high health insurance coverage rate of 95.9%, suggests a stable and secure environment that could attract long-term tenants and support property values, such as the median property value of $151,300.
What are the implications of the poverty rate and health insurance coverage for real estate investors in Mount Washington?
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The relatively low poverty rate of 7.5% combined with the high health insurance coverage rate of 95.9% in Mount Washington suggests a market with stable employment and access to healthcare, which can lead to more reliable tenants and lower vacancy rates, making it an attractive option for real estate investors, especially when considering the median property taxes of $3,678 and the overall economic stability driven by the top industries.
Mount Washington KY Real Estate & City Facts
Key facts and real estate information about Mount Washington KY.
What are some of the best neighborhoods to live in Mount Washington?
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Some of the best neighborhoods to live in Mount Washington, KY, are Bogard Ln, Richlawn, and the southwest parts of the city. These areas are known for their affordability, friendliness, and desirable homes. However, it's always a good idea to research and visit the neighborhoods in person to get a feel for the community and find the best fit for your needs.
What are some fun things to do in Mount Washington?
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There are plenty of fun things to do in Mount Washington, KY, such as visiting the Parklands for outdoor activities like biking, hiking, and kayaking, or exploring the Frazier Kentucky History Museum. You can also check out the Louisville Mega cavern, Mt. Washington Parks, and enjoy a meal at one of the local restaurants like Milano Italian Restaurant or Crystal's Country Diner. Additionally, there are several parks and trails in the area that are perfect for nature lovers and families.
What is the food scene like in Mount Washington?
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The food scene in Mount Washington, KY, is diverse and offers a range of options. You can find everything from Italian cuisine at Milano Italian Restaurant to diner fare at Crystal's Country Diner. There are also plenty of great food trucks, like Sissy's Taco's and Zoe's Ice Cream, and local breweries like Gallant Fox Brewing that serve up delicious pub food. Whether you're in the mood for something classic and comforting or adventurous and new, Mount Washington has something for everyone.
What are the pros and cons of living in Mount Washington?
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The pros of living in Mount Washington, KY, include its desirable neighborhoods, outdoor recreational opportunities, and a growing food scene. However, some cons to consider are that the city is still developing and may not have all the amenities and services that larger cities offer. Additionally, traffic and commute times can be a challenge, especially for those who work in nearby Louisville. Overall, Mount Washington is a great option for those who want a small-town feel with access to bigger city amenities.
Is Mount Washington a good place to live?
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Mount Washington, KY, is a great place to live for those who want a close-knit community with a growing food scene and plenty of outdoor recreational opportunities. While it may not be perfect, the city's desirable neighborhoods, friendly residents, and convenient location make it an attractive option for families, young professionals, and anyone looking for a relaxed pace of life. As with any city, there are pros and cons to consider, but overall, Mount Washington is a wonderful 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 Mount Washington KY Commercial Property: $61,402
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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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