Winter Park, CO Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Winter Park, Colorado Market population: 28K. Compare commercial properties across all major asset classes...
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3 properties found
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π Average Cap Rate For Winter Park FL Properties: 5.7%
β 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
π Avg Property Tax Rate For Winter Park FL Properties: 1.0800%
β 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
Investor Questions For Winter Park FL
Common questions from investors exploring commercial real estate in Winter Park FL.
What is the overall investment potential of Winter Park, FL, considering its demographic and economic factors?
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Winter Park, FL, with a median household income of $57,545 and a relatively low poverty rate of 10.0%, presents a stable investment market. The city's diverse population, including a significant proportion of White and Hispanic residents, and its high health insurance coverage rate of 92.5% suggest a strong and stable tenant base. Additionally, the top industries, such as Finance & Insurance and Real Estate & Rental & Leasing, contribute to a robust local economy.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Winter Park, FL?
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The average commute time of 21.3 minutes in Winter Park, FL, combined with the prevalence of driving alone, working from home, and carpooling as top commute methods, indicates a relatively convenient and flexible transportation infrastructure. This, along with a high health insurance coverage rate of 92.5%, suggests a good quality of life for residents, which can attract potential renters and support a stable rental market.
What role does ethnic diversity play in shaping the demand for real estate in Winter Park, FL, and how does it impact investment decisions?
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The ethnic diversity in Winter Park, FL, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant and inclusive community. This diversity, coupled with the city's strong economy driven by industries like Finance & Insurance and Real Estate & Rental & Leasing, can lead to a high demand for real estate, making it an attractive location for investors. The foreign-born rate of 12.1% also suggests a potential for international investment interest.
How do the poverty rate and health insurance coverage in Winter Park, FL, influence the assessment of tenant quality and market stability for real estate investments?
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The 10.0% poverty rate in Winter Park, FL, combined with a high health insurance coverage rate of 92.5%, suggests a working-class market with employment stability. This stability, along with the city's top industries and diverse population, indicates a solid foundation for real estate investments, as it points to a reliable and consistent tenant base.
What insights can be gleaned from the median property value, property taxes, and homeownership rate in Winter Park, FL, for real estate investment purposes?
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The median property value of $324,200 and median property taxes of $7,381 in Winter Park, FL, indicate a relatively high-value real estate market. The homeownership rate of 65.7% suggests a strong preference for owning over renting, which can impact rental yields. However, the presence of top industries like Finance & Insurance and the city's diverse population can support a robust rental market, especially in the context of its convenient commute times and high health insurance coverage rate.
Winter Park FL Real Estate & City Facts
Key facts and real estate information about Winter Park FL.
What are some of the best neighborhoods to live in Winter Park?
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Some of the best neighborhoods to live in Winter Park include Eastbrook, Winter Park Pines, Orwin Manor, and Windsong. These neighborhoods offer a range of housing options, from affordable to upscale, and are known for their charm and character.
What are some fun things to do in Winter Park?
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Winter Park has a lot to offer when it comes to things to do. You can take a scenic boat tour on the Winter Park Chain of Lakes, explore the beautiful Mead Botanical Garden, or visit the Charles Hosmer Morse Museum of American Art. The city also hosts numerous events and festivals throughout the year, so there's always something going on.
What is the food scene like in Winter Park?
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The food scene in Winter Park is vibrant and diverse. You can find everything from fine dining restaurants like The Ravenous Pig and Prato, to casual eateries like Tibby's New Orleans Kitchen. There are also plenty of great food trucks and cafes to grab a quick bite or coffee. Some popular spots include Garp & Fuss, Sixty Vines, and The Hen & Hog.
What are the pros and cons of living in Winter Park?
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The pros of living in Winter Park include its beautiful parks and lakes, charming neighborhoods, and vibrant food and cultural scene. However, some cons include the high cost of living, traffic, and limited job opportunities. Overall, Winter Park is a great place to live for those who value a small-town feel and are willing to pay a premium for it.
Is Winter Park a good place to live?
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Winter Park is a great place to live for those who value a small-town feel, beautiful parks and lakes, and a vibrant food and cultural scene. While it may have some drawbacks, such as a high cost of living and limited job opportunities, the pros outweigh the cons for many people. Ultimately, whether or not Winter Park is a good place to live depends on your individual priorities and preferences.
π Average Income For Winter Park FL Commercial Property: $57,545
β 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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