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Gunnison, CO High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Gunnison, Colorado Market population: 6K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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πŸ“Š Average Cap Rate For Gunnison CO Properties: 5.7%

⭐ Featured

Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF

πŸ“Š Avg Property Tax Rate For Gunnison CO Properties: 31.0000%

⭐ Featured

New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF

Investor Questions For Gunnison CO

Common questions from investors exploring commercial real estate in Gunnison CO.

What's the overall investment potential of Gunnison, CO, considering its demographics and economy? +
Gunnison's relatively high poverty rate of 26.2% is somewhat offset by its strong health insurance coverage of 87.6%, indicating a degree of employment stability, while its top industries in professional services and public administration suggest a stable market, and the city's diverse population with 47.7% White and 7.0% Hispanic residents contributes to a vibrant community.
How does the city's commute time and transportation infrastructure impact rental demand? +
The average commute time of 12.2 minutes in Gunnison, combined with the prevalence of driving alone, carpooling, and walking, suggests a well-planned city with convenient transportation options, which is attractive to renters, and the fact that 87.6% of residents have health insurance coverage implies a relatively stable tenant base.
What are the key factors influencing the local housing market, including property values and taxes? +
Gunnison's median property value of $234,900 and median property taxes of $779, along with a homeownership rate of 40.9%, indicate a relatively affordable housing market, and the city's strong employment population of 3,477 and diverse top industries, including professional services and finance, contribute to a stable demand for housing.
How does the city's ethnic diversity and income inequality impact market demand and stability? +
The ethnic diversity of Gunnison, with 47.7% White, 42.2% White Non-Hispanic, and 7.0% Hispanic residents, contributes to a vibrant community, and while the income inequality GINI coefficient of 0.4 suggests some disparity, the city's strong employment rate and relatively high health insurance coverage of 87.6% help to mitigate this issue and ensure a stable market.
What role do quality of life metrics, such as commute time and health insurance coverage, play in assessing market stability? +
Gunnison's short average commute time of 12.2 minutes and high health insurance coverage rate of 87.6% are positive indicators of quality of life, suggesting a stable and attractive environment for residents, which in turn contributes to a stable housing market, and the fact that 94.2% of residents have a high school diploma and 43.8% have a bachelor's degree or higher implies a well-educated population with good job prospects.

Gunnison CO Real Estate & City Facts

Key facts and real estate information about Gunnison CO.

What are some of the best neighborhoods to live in Gunnison? +
Gunnison has several great neighborhoods to live in, but I couldn't find the specific names. You might want to check with local real estate agents or online forums for more information.
What are some fun things to do in Gunnison? +
There are plenty of fun things to do in Gunnison, including visiting the Black Canyon of the Gunnison National Park, hiking, mountain biking, fishing, and skiing at Crested Butte Mountain Resort. You can also explore the city's downtown area and check out the local shops and restaurants.
What is the food scene like in Gunnison? +
Gunnison has a variety of restaurants serving different cuisines, including American, Mexican, Nepalese, and Thai. Some popular spots include Gunnison Pizza, Palisades Restaurant, Blackstock Bistro, and Patcharee's Kitchen. There are also plenty of great food trucks and cafes to grab a quick bite.
What are the pros and cons of living in Gunnison? +
The pros of living in Gunnison include its natural beauty, outdoor recreation opportunities, and small-town charm. However, the cons include a relatively high cost of living, limited job opportunities, and harsh winters. Ultimately, whether Gunnison is a good fit for you will depend on your individual priorities and lifestyle.
Is Gunnison a good place to live? +
Gunnison can be a great place to live for people who love the outdoors and are looking for a small-town community. While it may not be the best fit for everyone, Gunnison offers a unique blend of natural beauty, recreation opportunities, and charm that makes it a wonderful place to call home.

πŸ“Š Average Income For Gunnison CO Commercial Property: $39,462

⭐ Featured

New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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