Flatwoods, KY Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Flatwoods, Kentucky Market population: 7K. 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 Flatwoods KY Properties: 1.1700%
⭐ 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 Flatwoods KY
Common questions from investors exploring commercial real estate in Flatwoods KY.
What's the overall investment outlook for Flatwoods, KY?
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With a median household income of $40,012 and a poverty rate of 16.2%, Flatwoods presents a mixed bag for investors, but the 91.1% health insurance coverage and 18.8-minute average commute time suggest a relatively stable workforce, which is a positive indicator for rental income reliability.
How does the local economy impact real estate investment in Flatwoods?
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The top industries in Flatwoods, including Finance & Insurance and Educational Services, contribute to a diverse economy, while the median property value of $86,800 and median property taxes of $2,204 indicate a relatively affordable housing market, making it attractive for investors looking for rental yields and potential long-term appreciation.
What role does demographic diversity play in the Flatwoods real estate market?
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The population of Flatwoods is predominantly White, with 49.0% identifying as such, and a significant portion, 48.8%, identifying as White Non-Hispanic, which may indicate a relatively homogeneous community, but the presence of other ethnicities and a foreign-born population could contribute to market demand and stability, especially when combined with the city's strong health insurance coverage rate of 91.1%.
How do quality of life metrics, such as commute time and health insurance coverage, influence the investment potential of Flatwoods?
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The 18.8-minute average commute time and the fact that 91.1% of the population has health insurance coverage suggest a high quality of life, which can attract and retain residents, thereby supporting rental demand and potentially boosting property values over time, especially in a market with a median property value of $86,800 and a homeownership rate of 71.3%.
What insights can be gleaned from the poverty rate and employment statistics for real estate investors in Flatwoods?
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The poverty rate of 16.2% combined with an employed population of 2,722 and a GINI coefficient of 0.424 indicates some level of income inequality, but the overall employment rate and the dominance of stable industries like Finance & Insurance and Educational Services suggest a workforce with potential for growth and stability, which is crucial for investors looking to minimize vacancy rates and ensure consistent rental income.
Flatwoods KY Real Estate & City Facts
Key facts and real estate information about Flatwoods KY.
What are some of the best neighborhoods to live in Flatwoods?
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Some of the best neighborhoods to live in Flatwoods, KY, include City Center, which is known for being a charming and clean neighborhood with a family-friendly atmosphere. Other neighborhoods like Henderson are also popular, with a median home value of $144,200. Additionally, the overall crime rate in Flatwoods is one of the lowest in the US, making it a safe place to live.
What are some fun things to do in Flatwoods?
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There are plenty of fun things to do in Flatwoods, KY. You can visit the Flatwoods Monster Museum, which is a unique attraction that showcases the city's famous monster legend. For outdoor enthusiasts, there's Dragonfly Outdoor Adventures, which offers rafting and kayaking activities. You can also explore the nearby Dawkins Line Rail Trail or visit the Paintsville Golf Course. If you're looking for something more relaxing, you can check out the Eastern Grace Event Venue or the River Bend Golf Course.
What is the food scene like in Flatwoods?
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The food scene in Flatwoods, KY, is a mix of traditional American cuisine and local favorites. Some popular restaurants include Pappy's Cookin', which serves home-style cooking, and Mackeys Pizza Pub, which offers a variety of pizzas and other pub fare. You can also find Mexican food at Taco Brothers or try some BBQ at Kel's Tavern. There are also plenty of great food trucks and local eateries to explore, so you're sure to find something that suits your taste.
What are the pros and cons of living in Flatwoods?
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One of the pros of living in Flatwoods, KY, is the low cost of living and affordable housing options. The city also has a strong sense of community, with plenty of family-friendly activities and events. However, one of the cons is that the job market may be limited, and some residents may have to commute to nearby cities for work. Additionally, the city's small size may not offer as many amenities or entertainment options as larger cities. Overall, Flatwoods is a great choice for those looking for a quiet, affordable, and safe place to live.
Is Flatwoods a good place to live?
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Flatwoods, KY, is a good place to live for those who value a quiet, small-town atmosphere and a strong sense of community. The city's low cost of living, affordable housing, and safe environment make it an attractive option for families and individuals looking for a relaxed pace of life. While it may not offer as many amenities or job opportunities as larger cities, Flatwoods has a unique charm and a lot to offer for those who are willing to look beyond the surface. Ultimately, whether or not Flatwoods is a good place to live depends on your individual priorities and preferences.
⭐ 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 Flatwoods KY Commercial Property: $40,012
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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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