Alpine, CO High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Alpine, Colorado Market population: 14K. Explore income-producing properties with verified cap rates and operating...
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3 properties found
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π Average Cap Rate For Alpine CA 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 Alpine CA Properties: 1.1900%
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 Alpine CA
Common questions from investors exploring commercial real estate in Alpine CA.
What's the overall investment potential of Alpine, CA?
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Alpine, CA offers a stable investment market with a median household income of $76,833, a relatively low poverty rate of 8.9%, and a high health insurance coverage rate of 94.7%, indicating a reliable tenant base. The top industries, including Agriculture and Public Administration, contribute to the local economy, while the median property value of $483,500 and homeownership rate of 70.8% suggest a strong housing market. With a diverse population, including White, White Non-Hispanic, and Hispanic communities, Alpine's ethnic diversity can support a wide range of businesses and services.
How does the commute time and health insurance coverage impact the rental market in Alpine, CA?
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The average commute time of 31.2 minutes in Alpine, CA, combined with a high health insurance coverage rate of 94.7%, suggests a stable and reliable workforce, which can lead to a lower tenant turnover rate and increased rental demand. Additionally, the top commute methods, including driving alone and carpooling, indicate a well-connected infrastructure, making it easier for renters to access employment opportunities and amenities. This, in turn, can support higher rental yields and a more stable investment environment.
What role do top industries play in shaping the local economy and investment opportunities in Alpine, CA?
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The top industries in Alpine, CA, including Agriculture, Forestry, Fishing & Hunting, & Mining, and Public Administration, contribute to the local economy and can drive demand for housing and commercial properties. With a median household income of $76,833 and an employed population of 6,809, these industries can support a wide range of businesses and services, from agriculture-related enterprises to government contracting and services. This diversity of industries can help mitigate risks and create opportunities for investors to capitalize on growing sectors.
How does the poverty rate and income inequality impact the quality of tenants and investment potential in Alpine, CA?
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The relatively low poverty rate of 8.9% in Alpine, CA, combined with a median household income of $76,833 and a GINI coefficient of 0.464, suggests a relatively stable and affluent community. This can lead to a higher quality of tenants, with increased financial stability and a lower risk of default or eviction. Additionally, the high health insurance coverage rate of 94.7% further supports the notion of a reliable and stable tenant base, making Alpine an attractive location for investors seeking lower-risk investment opportunities.
What are the implications of Alpine's demographic characteristics, such as age and ethnicity, for real estate investors?
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Alpine's median age of 45.5, combined with its diverse ethnic population, including White, White Non-Hispanic, and Hispanic communities, can support a wide range of businesses and services. The relatively high median property value of $483,500 and homeownership rate of 70.8% suggest a strong and stable housing market, which can be attractive to investors seeking long-term appreciation and rental income. Furthermore, the diversity of the population can drive demand for housing and commercial properties, creating opportunities for investors to capitalize on growing sectors and demographics.
Alpine CA Real Estate & City Facts
Key facts and real estate information about Alpine CA.
What are some of the best neighborhoods to live in Alpine?
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Some of the best neighborhoods to live in Alpine include Crown Hills, Alpine Heights, and Blossom Valley. These neighborhoods offer a peaceful and family-friendly environment, with beautiful natural surroundings. Additionally, areas like Palo Verde Ranch and Rancho Palo Verde are also popular choices, offering a gated community with amenities.
What are some fun things to do in Alpine?
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There are plenty of fun things to do in Alpine, including visiting the Viejas Casino, exploring the Cleveland National Forest, and hiking the Pacific Crest Trail. You can also enjoy bass fishing at Lake Morena, or take a short drive to San Diego and visit the beaches and attractions. Additionally, the historic gold-mining town of Julian is worth a visit, and the Alpine Acres Sanctuary Farm is a great place to learn about sustainable farming practices.
What is the food scene like in Alpine?
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The food scene in Alpine is diverse and exciting, with a range of restaurants serving everything from classic American cuisine to Italian and Californian dishes. Some popular restaurants include Janet's Montana Cafe, Alpine Tavern & Grill, and The Grove Steakhouse. There are also plenty of great food trucks and casual eateries, such as Franca's Italian Kitchen And Bar, and The Cafe at Viejas. For a unique dining experience, try Yarrow Restaurant, which serves elevated California cuisine with a focus on community and seasonality.
What are the pros and cons of living in Alpine?
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The pros of living in Alpine include its natural beauty, with plenty of opportunities for outdoor recreation, and a strong sense of community. The town also has a rich history and a charming small-town feel. However, some cons of living in Alpine include its relatively remote location, which can make it difficult to access certain amenities and services. Additionally, the town can be quite crowded during peak tourist season, and traffic can be a problem. Overall, Alpine is a great choice for those who value a peaceful, natural environment and a strong sense of community.
Is Alpine a good place to live?
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Alpine is a great place to live for those who value a peaceful, natural environment and a strong sense of community. The town offers a range of outdoor recreational opportunities, a rich history, and a charming small-town feel. While it may have some drawbacks, such as its remote location and crowded tourist season, overall Alpine is a wonderful place to call home. With its beautiful surroundings, friendly community, and plenty of things to see and do, Alpine is an excellent choice for families, retirees, and anyone looking for a relaxed, small-town lifestyle.
π Average Income For Alpine CA Commercial Property: $76,833
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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