Oelwein, IA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Oelwein, Iowa Market population: 6K. Explore income-producing properties with verified cap rates and operating...
Advertisement
11 properties found
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
⭐ 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 Oelwein IA Properties: 1.1300%
⭐ 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 Oelwein IA
Common questions from investors exploring commercial real estate in Oelwein IA.
What's the overall investment potential of Oelwein, IA, considering its demographics and economy?
+
Oelwein, IA, with a population of 6,368 and a median age of 42.5, presents a stable investment market, given its median household income of $39,624 and a relatively high poverty rate of 15.0%, which is somewhat mitigated by a high health insurance coverage rate of 92.9% and a diverse economy led by Finance & Insurance, and Real Estate & Rental & Leasing, and Manufacturing.
How does the ethnic diversity and industry mix in Oelwein impact real estate demand?
+
The city's ethnic diversity, with a majority of White (48.4%) and White Non-Hispanic (47.1%) populations, alongside a small but present Hispanic (1.7%) community, and its industry mix, including Finance & Insurance, Manufacturing, and Educational Services, suggest a demand for housing that is stable and potentially growing, especially considering the low foreign born rate of 1.1% and the significant employment in these sectors.
What are the implications of Oelwein's commute times and health insurance rates for real estate investors?
+
The average commute time of 21.0 minutes, which is relatively short, and the high health insurance coverage rate of 92.9%, indicate a quality of life that supports a stable workforce and, by extension, reliable tenants, making it an attractive consideration for real estate investors looking for low-risk investments in a community with good infrastructure and social support systems.
How does the poverty rate and income inequality in Oelwein affect the rental market?
+
The poverty rate of 15.0% and a GINI coefficient of 0.384 suggest some level of income inequality, but when considered alongside the high employment rate and the dominant industries, it indicates a working-class market with employment stability, which can be favorable for rental properties, especially with a median property value of $64,000 and median property taxes of $1,981, offering a potentially lucrative rental yield.
What role does homeownership rate and median property value play in assessing Oelwein's real estate investment potential?
+
The high homeownership rate of 70.5% and a median property value of $64,000 in Oelwein suggest a strong preference for owning over renting, which could impact rental demand, but the relatively low median property value also presents an opportunity for investors to acquire properties at a lower cost, potentially leading to higher rental yields, especially in a market with stable employment and low commute times, like Oelwein.
Oelwein IA Real Estate & City Facts
Key facts and real estate information about Oelwein IA.
What are some of the best neighborhoods to live in Oelwein?
+
Some of the best neighborhoods to live in Oelwein include the SE Side neighborhood, which is known for its quiet and residential atmosphere, as well as its well-kept homes and friendly community. Other neighborhoods in Oelwein may also offer a similar small-town feel and affordable housing options.
What are some fun things to do in Oelwein?
+
Oelwein has a variety of attractions and activities to enjoy, including the Oelwein Aquatic Park, which features a large swimming pool, water slide, and diving boards. The city also has several parks and outdoor spaces, such as Lake Oelwein, which offers opportunities for fishing and boating. Additionally, visitors can explore the Oelwein Historical Society Museum or attend one of the city's annual events, such as the Oelwein Festival.
What is the food scene like in Oelwein?
+
The food scene in Oelwein includes a variety of restaurants, such as the Oelwein Family Restaurant, which serves classic American comfort food, and Hacienda Del Rio, which offers Mexican cuisine. There are also plenty of great food trucks and local eateries to try, and the city hosts several food-related events throughout the year. Overall, Oelwein's food scene is characterized by its small-town charm and hearty, comforting dishes.
What are the pros and cons of living in Oelwein?
+
One of the pros of living in Oelwein is its affordable housing options and low cost of living, making it an attractive choice for families and individuals looking for a budget-friendly place to call home. Additionally, the city has a strong sense of community and a variety of outdoor recreational opportunities. However, one of the cons of living in Oelwein is its limited job opportunities and slower pace of life, which may not be suitable for everyone. Overall, Oelwein is a great choice for those looking for a quiet, small-town lifestyle with a strong sense of community.
Is Oelwein a good place to live?
+
Whether or not Oelwein is a good place to live depends on your individual preferences and priorities. If you're looking for a quiet, affordable, and community-oriented place to call home, Oelwein may be a great choice. However, if you're looking for a more fast-paced and urban lifestyle with a wider range of job opportunities and cultural attractions, you may want to consider other options. Ultimately, Oelwein is a great choice for those who value a small-town atmosphere and a strong sense of community.
⭐ 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 Oelwein IA Commercial Property: $39,624
Advertisement
⭐ 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 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
Advertisement
⭐ 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
⭐ Featured
Prime 15-Unit Multifamily Investment in Heart of San Francisco
$4,895,000
San Francisco
Multifamily
Cap Rate
%
NOI
$0
Size
8,225 SF
⭐ Featured
7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate
$2,100,000
Long Beach
Multifamily
Cap Rate
7.00%
NOI
$144,960
Size
6,074 SF
⭐ Featured
Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate
$12,750,000
Arcata
Multifamily
Cap Rate
8.67%
NOI
$99,999
Size
87,484 SF
Advertisement