Champlin, MN High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Champlin, Minnesota Market population: 23K. Explore income-producing properties with verified cap rates and operating...
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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 Champlin MN Properties: 1.1200%
⭐ 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 Champlin MN
Common questions from investors exploring commercial real estate in Champlin MN.
What makes Champlin, MN an attractive market for real estate investment?
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The combination of a relatively low poverty rate of 5.1%, high health insurance coverage of 96.8%, and a strong median household income of $84,768 suggests a stable and secure market for investors, with a population of 23,403 and a median age of 38.9 providing a solid foundation for rental demand.
How does the demographic diversity of Champlin impact the local real estate market?
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The top ethnicities in Champlin, including White (45.5%), White Non-Hispanic (44.7%), and Black (4.7%), contribute to a diverse population, while the top industries such as Information (Group) and Finance & Insurance, & Real Estate & Rental & Leasing drive employment and economic growth, with an employed population of 13,983 and a median commute time of 26.4 minutes.
What are the key factors influencing property values and rental yields in Champlin?
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The median property value of $202,300, combined with a median property tax of $7,721 and a homeownership rate of 87.2%, indicates a relatively stable and affordable housing market, while the average commute time of 26.4 minutes and top commute methods like Drove Alone and Worked At Home suggest convenient access to employment and services.
How does the income inequality and poverty rate in Champlin affect the quality of tenants and property management?
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The GINI coefficient of 0.349 and poverty rate of 5.1% in Champlin, along with a high health insurance coverage rate of 96.8%, suggest a relatively stable and secure tenant base, with a low risk of rent defaults and property mismanagement, making it an attractive market for investors seeking predictable returns.
What role do top industries and commute methods play in shaping the real estate investment landscape in Champlin?
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The dominant industries in Champlin, including Information (Group) and Professional, Scientific, & Management, & Administrative & Waste Management Services, drive demand for housing and commercial space, while the top commute methods like Drove Alone, Worked At Home, and Carpooled indicate a flexible and convenient transportation network, supporting a strong and diverse local economy with a median household income of $84,768.
Champlin MN Real Estate & City Facts
Key facts and real estate information about Champlin MN.
What are some of the best neighborhoods to live in Champlin?
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Some of the best neighborhoods to live in Champlin include Pines Park, Oxbow Glen, and Brooklyn Park. These neighborhoods offer a peaceful and friendly environment, with clean atmosphere and tree-lined streets. They are also known for their sense of community and dog-friendly environment.
What are some fun things to do in Champlin?
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There are plenty of fun things to do in Champlin, including visiting the Elm Creek Singletrack Trail, Elm Creek Dog Off Leash Area, Doris A. Kemp Park, Highpointe Park, and Harold H. Johnson Park. You can also check out the Elm Creek Brewing and try some of their local beers. If you're looking for something more adventurous, you can try hatchet throwing at Stumpy's Hatchet House or play some games at Game Show Battle Rooms.
What is the food scene like in Champlin?
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The food scene in Champlin is diverse and offers a range of options. Some popular restaurants include Buona Sera Ristorante, Char Blu, Clive's Roadhouse, Hudy's Cafe & The Li'l Bar, and Mary's Deli. You can also find some great pizza places like Mary's Deli, which serves amazing pizza and has a delightful owner to chat with. There are also plenty of great food trucks and cafes in the area, so you're sure to find something that suits your taste.
What are the pros and cons of living in Champlin?
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The pros of living in Champlin include its peaceful and friendly neighborhoods, plenty of outdoor activities and parks, and a diverse food scene. However, some cons include the fact that it's a bit far from the city center, and traffic can be a issue during rush hour. Additionally, some areas of Champlin can be quite affordable, while others can be a bit pricey. Overall, Champlin is a great place to live for those who want a quiet and peaceful environment with plenty of amenities.
Is Champlin a good place to live?
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Yes, Champlin is a good place to live. It offers a great balance of peace and quiet, outdoor activities, and amenities. The city has a strong sense of community, and the residents are friendly and welcoming. While it may have some drawbacks, such as traffic and affordability, overall Champlin is a great choice for those looking for a quiet and comfortable place to call home.
⭐ 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 Champlin MN Commercial Property: $84,768
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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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