Lake Charles, LA High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Lake Charles, Louisiana Market population: 74K. Explore income-producing properties with verified cap rates and...
Advertisement
12 properties found
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
⭐ 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 Lake Charles LA Properties: 0.7700%
⭐ 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 Lake Charles LA
Common questions from investors exploring commercial real estate in Lake Charles LA.
What is the overall investment potential of Lake Charles, LA, considering its demographics and economy?
+
The city's median household income of $43,444, combined with a poverty rate of 20.2% and a high health insurance coverage rate of 91.1%, suggests a relatively stable market with a mix of working-class and middle-class residents. The top industries, including Healthcare & Social Assistance, Retail Trade, and Accommodation & Food Services, indicate a diverse economy, while the median property value of $143,400 and median property taxes of $1,248 provide insight into the local housing market.
How does the city's commute time and transportation options impact its attractiveness to investors?
+
The average commute time of 18.4 minutes, with 85.1% of residents driving alone, 8.5% carpooling, and 4.2% working from home, indicates a relatively convenient and flexible transportation system. This, combined with the city's poverty rate of 20.2% and high health insurance coverage rate of 91.1%, suggests a stable workforce and a market with potential for growth.
What role does ethnic diversity play in shaping the local real estate market and demand for housing?
+
The city's top ethnicities, including Black (33.4%), White (30.5%), and White Non-Hispanic (29.1%), indicate a diverse population, which can contribute to a strong and resilient local economy. This diversity, combined with the median household income of $43,444 and the top industries, including Healthcare & Social Assistance and Retail Trade, suggests a market with a wide range of housing demands and opportunities for investment.
How do the city's poverty rate, health insurance coverage, and commute time impact the quality of tenants and rental yields?
+
The poverty rate of 20.2%, combined with a high health insurance coverage rate of 91.1% and a relatively short average commute time of 18.4 minutes, suggests a working-class market with employment stability and access to healthcare. This, in turn, can lead to a more reliable tenant base and relatively stable rental yields, making the city an attractive option for real estate investors.
What are the implications of the city's homeownership rate, median property value, and property taxes for real estate investors?
+
The homeownership rate of 56.3%, median property value of $143,400, and median property taxes of $1,248 provide insight into the local housing market and its potential for investment. These factors, combined with the city's poverty rate of 20.2%, health insurance coverage rate of 91.1%, and top industries, including Healthcare & Social Assistance and Retail Trade, suggest a market with opportunities for both rental income and long-term property appreciation.
Lake Charles LA Real Estate & City Facts
Key facts and real estate information about Lake Charles LA.
What are some of the best neighborhoods to live in Lake Charles?
+
Some of the best neighborhoods to live in Lake Charles include W Gauthier Rd/Common St, Morganfield South, Terre Sainte, Village at Morganfield, Savannah Lakes, and Peyton's Place. These neighborhoods offer a range of housing options and amenities, from peaceful and family-friendly to more affordable homes in the northwest regions of the city.
What are some fun things to do in Lake Charles?
+
There are plenty of fun things to do in Lake Charles, including visiting the Golden Nugget Lake Charles Hotel & Casino, exploring the Lake Charles Visitor Center, and taking a walk along the Promenade from L'Auberge to the Golden Nugget. You can also visit Millennium Park, go kayaking, or attend one of the many festivals in the city. Additionally, the city has a rich history and cultural attractions, such as the Mardi Gras Museum.
What is the food scene like in Lake Charles?
+
The food scene in Lake Charles is vibrant and diverse, with a range of restaurants serving everything from soul food to Cajun and Gulf Coast seafood. Some popular restaurants include Luna Bar & Grill, Drago's Seafood Restaurant at L'Auberge Lake Charles, and Vic & Anthony's Steakhouse. There are also plenty of great food trucks and casual eateries to try, offering a variety of cuisines and price points.
What are the pros and cons of living in Lake Charles?
+
The pros of living in Lake Charles include its rich history and cultural attractions, outdoor recreational opportunities, and a relatively low cost of living. However, some cons include the city's poverty rate, which is higher than the national average, and the potential for natural disasters such as hurricanes. Additionally, the city's economy is largely driven by the oil and gas industry, which can be subject to fluctuations in the market.
Is Lake Charles a good place to live?
+
Whether or not Lake Charles is a good place to live depends on your individual preferences and priorities. The city offers a unique blend of small-town charm and big-city amenities, with a rich history and cultural attractions. However, it also faces challenges such as poverty and a lack of diversity in the economy. Overall, Lake Charles can be a great place to live for those who value a close-knit community and a relaxed pace of life, but may not be the best fit for everyone.
⭐ 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 Lake Charles LA Commercial Property: $43,444
Advertisement
⭐ 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
Advertisement
⭐ 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
Advertisement
⭐ 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
Advertisement