Bonney Lake, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Bonney Lake, Washington Market population: 18K. Compare commercial properties across all major asset classes...
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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 Bonney Lake WA Properties: 1.0200%
⭐ 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 Bonney Lake WA
Common questions from investors exploring commercial real estate in Bonney Lake WA.
What is the overall investment potential of Bonney Lake, WA?
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The combination of a relatively low poverty rate of 6.6%, high health insurance coverage of 94.8%, and a strong median household income of $80,936 suggests a stable investment market in Bonney Lake, WA, with a diverse economy driven by top industries like Finance & Insurance, and Real Estate & Rental & Leasing, Manufacturing, and Construction.
How does the commute time and method impact the rental market in Bonney Lake, WA?
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The average commute time of 36.1 minutes, with top commute methods being Drove Alone, Worked At Home, and Carpooled, indicates a relatively manageable commute, which, combined with a high homeownership rate of 80.7% and low poverty rate, suggests a solid rental market with stable tenants who can afford the median property value of $261,600.
What role does ethnic diversity play in the demand for real estate in Bonney Lake, WA?
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The top ethnicities, including White, White Non-Hispanic, and Two Or More, contribute to a diverse community, which, along with a median age of 33.8 and employed population of 8,876, suggests a strong demand for real estate driven by a mix of young professionals and families, further supported by the presence of industries like Finance & Insurance, and Real Estate & Rental & Leasing.
How does the income inequality and poverty rate affect the quality of tenants in Bonney Lake, WA?
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The GINI coefficient of 0.332, indicating moderate income inequality, combined with a poverty rate of 6.6% and high health insurance coverage of 94.8%, suggests that tenants in Bonney Lake, WA, are likely to be working-class individuals with employment stability, making them reliable renters, especially considering the top industries and relatively high median household income.
What are the implications of the homeownership rate and median property taxes for real estate investors in Bonney Lake, WA?
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The high homeownership rate of 80.7% and median property taxes of $4,911, in the context of a median property value of $261,600 and a strong median household income of $80,936, imply a stable and potentially lucrative rental market, as investors can expect a significant return on investment while also benefiting from the appreciation of property values over time, driven by the demand from a diverse and employed population.
Bonney Lake WA Real Estate & City Facts
Key facts and real estate information about Bonney Lake WA.
What are some of the best neighborhoods to live in Bonney Lake?
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Some of the best neighborhoods to live in Bonney Lake include Tehaleh, Brookhaven, Sky Island Neighborhood, and Highland Ridge. These neighborhoods offer a range of amenities, including parks, trails, and community events. For example, Tehaleh is a beautiful, well-maintained neighborhood with a friendly community vibe, while Brookhaven is a peaceful and family-friendly neighborhood. Sky Island Neighborhood is a master-planned community with a variety of homes and amenities, and Highland Ridge is a sought-after neighborhood with spacious homes and close proximity to Victor Falls Elementary School.
What are some fun things to do in Bonney Lake?
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There are plenty of fun things to do in Bonney Lake, including visiting Lake Tapps Park, Kalamar Winery, and Fennel Creek Trail head. You can also explore the city's downtown area, which features a variety of shops and restaurants. For outdoor enthusiasts, Bonney Lake offers opportunities for hiking, biking, and water sports. Additionally, the city hosts several annual events, including festivals and concerts. Some popular attractions in the area include Viking Park, Victor Falls City Park, and the nearby town of Sumner, which has a cute downtown area with an Italian restaurant called Sorci's.
What is the food scene like in Bonney Lake?
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The food scene in Bonney Lake is diverse and offers a range of options, including restaurants serving Thai, Mexican, and Italian cuisine. Some popular restaurants in the area include Hops n Drops, Thian Thai Restaurant, and Don Chuy Mexican Restaurant. There are also plenty of great food trucks and casual eateries, such as Hungry Dawg's Diner and Crockett's Public House. For a unique dining experience, you can try Sushi Kuma or Toscanos Italian Grill, which offer a range of sushi and Italian dishes.
What are the pros and cons of living in Bonney Lake?
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The pros of living in Bonney Lake include its beautiful natural surroundings, friendly community, and range of outdoor recreational opportunities. The city also has a growing downtown area with shops and restaurants, and is close to nearby towns and cities, such as Sumner and Tacoma. However, some cons of living in Bonney Lake include its relatively small size, which can limit job opportunities and entertainment options. Additionally, the city can experience traffic congestion during rush hour, and some areas may be prone to flooding. Overall, Bonney Lake is a great place to live for those who value a close-knit community and easy access to outdoor recreation.
Is Bonney Lake a good place to live?
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Bonney Lake is a great place to live for those who value a close-knit community, beautiful natural surroundings, and easy access to outdoor recreation. The city offers a range of amenities, including parks, trails, and community events, and is close to nearby towns and cities. While it may have some limitations, such as a relatively small size and traffic congestion, Bonney Lake is a wonderful place to call home. With its friendly community, diverse food scene, and range of things to do, Bonney Lake is an excellent choice for families, outdoor enthusiasts, and anyone looking for a relaxed and welcoming place to live.
⭐ 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 Bonney Lake WA Commercial Property: $80,936
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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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