Alderwood Manor, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Alderwood Manor, Washington Market population: 8K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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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 Alderwood Manor WA Properties: 82.0000%
⭐ 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 Alderwood Manor WA
Common questions from investors exploring commercial real estate in Alderwood Manor WA.
What are the key demographics and economic indicators that make Alderwood Manor, WA an attractive location for real estate investment?
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With a population of 8,150 and a median age of 37.0, Alderwood Manor has a diverse community with 37.8% White, 35.4% White Non-Hispanic, and 10.5% Asian populations, alongside a foreign born rate of 17.2%, indicating a culturally rich environment. The median household income of $73,359 and employed population of 4,423 suggest a strong economy, while the poverty rate of 6.5% and health insurance coverage of 91.5% imply a stable and secure tenant base.
How does the local economy and industry diversity impact the real estate market in Alderwood Manor?
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The top industries in Alderwood Manor, including Wholesale Trade, Manufacturing, and Construction, contribute to a median household income of $73,359 and an employed population of 4,423, indicating a robust local economy. With a poverty rate of 6.5% and a GINI coefficient of 0.357, the area exhibits a relatively low level of income inequality, making it an attractive location for investors seeking stable rental yields.
What role do quality of life metrics, such as commute times and health insurance coverage, play in assessing the stability of the Alderwood Manor real estate market?
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The average commute time of 27.6 minutes and top commute methods of driving alone, working from home, or carpooling suggest convenient transportation options, while the health insurance coverage of 91.5% implies a relatively healthy and secure population. These quality of life metrics, combined with a low poverty rate of 6.5%, indicate a stable and desirable location for renters and investors alike.
How do the housing market and demographic characteristics of Alderwood Manor impact its attractiveness to real estate investors?
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With a median property value of $306,900 and median property taxes of $2,259, Alderwood Manor offers a relatively affordable housing market, especially considering the median household income of $73,359 and homeownership rate of 67.8%. The diverse population, including 37.8% White, 35.4% White Non-Hispanic, and 10.5% Asian, contributes to a vibrant community, making it an attractive location for investors seeking rental properties with potential for long-term appreciation.
What insights can be gleaned from the combination of economic, demographic, and quality of life metrics in Alderwood Manor for real estate investment purposes?
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The combination of a strong economy, with top industries like Wholesale Trade and Manufacturing, and a diverse population with a median age of 37.0, suggests a dynamic and growing community. The relatively low poverty rate of 6.5%, high health insurance coverage of 91.5%, and convenient commute options, with an average commute time of 27.6 minutes, all contribute to a stable and attractive real estate market, making Alderwood Manor an appealing location for investors seeking a balance of rental yields and long-term property appreciation.
Alderwood Manor WA Real Estate & City Facts
Key facts and real estate information about Alderwood Manor WA.
What are some of the best neighborhoods to live in Alderwood Manor?
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Some of the best neighborhoods to live in Alderwood Manor include Alderwood Manor itself, as well as nearby areas like Meadowdale. These neighborhoods offer a mix of residential peace and quick access to major amenities. You can also consider areas like Heritage Park, which features historic structures and a museum.
What are some fun things to do in Alderwood Manor?
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There are plenty of fun things to do in Alderwood Manor, including visiting the Historic Heritage Park, which features room recreations that tell of life in early Alderwood Manor. You can also check out the Alderwood Mall, which offers a variety of shopping and dining options. Additionally, there are several parks and nature preserves in the area, such as the Mill Creek Nature Preserve and the Exploration Park.
What is the food scene like in Alderwood Manor?
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The food scene in Alderwood Manor is diverse and offers a range of options. You can find everything from classic Italian restaurants like Astoria Pizza & Pasta to hip new restaurants like Prado and Haven. There are also plenty of great food trucks and casual eateries in the area, as well as higher-end options like P.F. Chang's and Bazille.
What are the pros and cons of living in Alderwood Manor?
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Some pros of living in Alderwood Manor include its convenient location, with easy access to major amenities and transportation hubs. The area also features a range of parks and nature preserves, which can be a great draw for outdoor enthusiasts. However, some cons of living in Alderwood Manor include the potential for traffic and noise, particularly in areas near the mall or major roads. Additionally, the area can be quite pricey, with median home prices ranging from $600,000 to over $1 million.
Is Alderwood Manor a good place to live?
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Overall, Alderwood Manor can be a great place to live, depending on your individual needs and preferences. The area offers a range of amenities, including parks, restaurants, and shopping centers, and is conveniently located near major transportation hubs. However, it's worth considering the potential downsides, such as traffic and noise, and weighing these against the benefits of living in the area. Ultimately, whether or not Alderwood Manor is a good place to live will depend on your individual priorities and lifestyle.
⭐ 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 Alderwood Manor WA Commercial Property: $73,359
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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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