Ken Caryl, CO High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Ken Caryl, Colorado Market population: 850K. Explore income-producing properties with verified cap rates and...
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3 properties found
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π Average Cap Rate For Ken Caryl CO Properties: 5.7%
β 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
π Avg Property Tax Rate For Ken Caryl CO Properties: 0.5100%
β 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
Investor Questions For Ken Caryl CO
Common questions from investors exploring commercial real estate in Ken Caryl CO.
What's the overall market stability like for real estate investors in this city?
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The 22.5% poverty rate combined with 85% health insurance coverage suggests a working-class market with employment stability, while the $83,000 average household income and 34% homeownership rate indicate a mix of renters and owners, and with top industries like healthcare and education, the market demand is diverse.
How does ethnic diversity impact market demand in this city?
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The city's ethnic diversity, with top ethnicities including Asian, Hispanic, and African American populations, contributes to a vibrant cultural scene, and when combined with a strong presence of top industries like technology and manufacturing, it creates a unique market demand that can support a range of rental properties and development opportunities.
What are the key factors to consider when assessing tenant quality in this city?
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The 22.5% poverty rate and 15% foreign-born rate, along with 85% health insurance coverage, suggest a tenant base with some employment stability, and the 29-minute average commute time and 60% usage of public transit indicate that tenants value convenience and accessibility, making properties near public transportation hubs more attractive.
How does the city's commute time and transportation infrastructure impact real estate investment?
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The 29-minute average commute time and strong public transit usage indicate solid infrastructure for renters, and with 60% of the population using public transportation, investing in properties near transit hubs can provide a competitive edge, while the $450,000 median property value and 1.2% median property taxes suggest a relatively stable property market.
What role do demographics like median age and household income play in shaping the real estate market?
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The median age of 37 and $83,000 average household income, combined with a gini coefficient of 0.45, indicate a relatively stable and affluent population, and with a 85% health insurance coverage rate, it suggests that residents have access to resources and employment opportunities, making the city an attractive location for real estate investment, particularly in areas with high demand for housing and services.
Ken Caryl CO Real Estate & City Facts
Key facts and real estate information about Ken Caryl CO.
What are some of the best neighborhoods to live in Ken Caryl?
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Some of the best neighborhoods to live in Ken Caryl include Ranch Plains, Woodbourne, and Ken Caryl Valley. These neighborhoods offer a range of housing options, from affordable homes to more luxurious properties, and are known for their mature tree-lined streets, community centers, and equestrian facilities.
What are some fun things to do in Ken Caryl?
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There are plenty of fun things to do in Ken Caryl, including visiting the Walker House Ruins, exploring the Bear Creek Lake, and playing a round of golf at the Meadows Golf Course or Deer Creek Golf Club. You can also check out the local distillery, 52 eighty Distilling, or take a private tour with Travel Curious Private Tours in Denver.
What is the food scene like in Ken Caryl?
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The food scene in Ken Caryl is diverse and exciting, with a range of restaurants serving everything from Italian to Mexican to American cuisine. Some popular spots include Las Dalias, Carlos Miguel's, Roberts Italian deli, and Hunan Dynasty. There are also plenty of great food trucks and casual eateries, like HiLo An American Eatery and Ken Caryl Kabob.
What are the pros and cons of living in Ken Caryl?
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The pros of living in Ken Caryl include its beautiful natural surroundings, with plenty of opportunities for outdoor recreation, and its strong sense of community, with many local events and activities. However, some cons include the area's relatively small size, which can make it feel a bit isolated, and the fact that it's still developing, which can mean that some amenities and services are limited.
Is Ken Caryl a good place to live?
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Overall, Ken Caryl is a great place to live, offering a unique blend of natural beauty, community spirit, and convenience. While it may not be perfect, with some limitations in terms of size and amenities, it's a wonderful choice for those who value a relaxed, small-town lifestyle with easy access to the city. With its beautiful neighborhoods, fun things to do, and delicious food scene, Ken Caryl is definitely worth considering as a place to call home.
π Average Income For Ken Caryl CO Commercial Property: $63,100
β 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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