Havre, MT High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Havre, Montana Market population: 10K. 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 Havre MT Properties: 1.1400%
⭐ 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 Havre MT
Common questions from investors exploring commercial real estate in Havre MT.
What's the overall investment potential of Havre, MT, considering its demographics and economy?
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Havre's relatively low poverty rate of 17.1% and high health insurance coverage of 92.9% suggest a stable workforce, while its top industries in Finance & Insurance and Transportation & Warehousing indicate a diverse economy. With a median household income of $42,789 and a median property value of $131,400, the city offers a balance of affordability and investment potential.
How does the city's ethnic diversity and commute time impact the rental market?
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The city's ethnic diversity, with 44.4% White and 6.5% Native American populations, contributes to a vibrant community, while the average commute time of 12.4 minutes and top commute methods of driving alone or carpooling indicate convenient transportation options. This combination can attract a wide range of renters and support a stable rental market.
What are the implications of Havre's income inequality and employment rates for real estate investors?
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Havre's GINI coefficient of 0.429 and employed population of 4,834 suggest a relatively stable employment market, which can lead to consistent rental income and property value appreciation. However, the income inequality and poverty rate of 17.1% must be considered when assessing tenant quality and potential rental yields.
How do the city's homeownership rate and property taxes affect the investment landscape?
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With a homeownership rate of 64.0% and median property taxes of $2,592, Havre presents a mix of opportunities for both rental investments and homeowner attractions. The relatively high homeownership rate can indicate a stable community, while the property taxes, although a consideration for investors, are still manageable compared to other cities.
What role do health insurance coverage and commute time play in evaluating the quality of life for renters and potential investment returns?
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The high health insurance coverage of 92.9% and short average commute time of 12.4 minutes in Havre contribute to a high quality of life, making the city attractive to renters who value convenience, health, and stability. This, in turn, can lead to higher demand for rentals, potentially increasing investment returns and property appreciation over time.
Havre MT Real Estate & City Facts
Key facts and real estate information about Havre MT.
What are some of the best neighborhoods to live in Havre?
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Some of the best neighborhoods to live in Havre include West Havre, which is known for its community spirit and beautiful parks. Other desired areas tend to be in the central parts of the city, while more affordable homes are in the north regions. Neighborhoods like Beaver Creek are also popular, with a mix of old and new homes and a strong sense of community.
What are some fun things to do in Havre?
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Havre has a variety of fun things to do, including visiting the H. Earl Clack Memorial Museum, exploring the Wahkpa Chu'gn Archaeological Site, and enjoying the great outdoors at Beaver Creek Park or Fresno Reservoir. You can also check out the Havre Beneath the Streets tour, which takes you through the city's historic underground tunnels and shops. If you're looking for some adventure, head to the Bear Paw Ski Bowl or go hiking in the nearby mountains.
What is the food scene like in Havre?
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Havre's dining scene has something to satisfy every craving, from perfectly grilled steaks to fresh sandwiches and quick bites on the go. Popular spots include the Duck Inn, known for its American fare and cozy atmosphere, as well as Murphy's Pub, which serves up great pub food and has a lively atmosphere. There are also plenty of great food trucks and local eateries to try, like Vic's Place and The Walleye Tavern.
What are the pros and cons of living in Havre?
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Living in Havre has its pros and cons. On the plus side, the city has a strong sense of community, with plenty of outdoor recreation opportunities and a rich history to explore. The cost of living is also relatively low, making it an attractive option for families and young professionals. However, some downsides include the limited job market and career advancement opportunities, as well as the harsh winters and remote location. Overall, Havre is a great place to live for those who value a close-knit community and outdoor lifestyle.
Is Havre a good place to live?
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Havre can be a great place to live for the right person. While it may not have all the amenities and opportunities of a larger city, it has a unique charm and a strong sense of community. The city's small-town feel and stunning natural beauty make it an attractive option for those who value a slower pace of life and easy access to outdoor recreation. However, it's not for everyone - if you're looking for a more fast-paced lifestyle or career advancement opportunities, you may want to consider other options. Ultimately, whether Havre 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 Havre MT Commercial Property: $42,789
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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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