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Lake Morton-Berrydale, WA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Lake Morton-Berrydale, Washington Market population: 10K. Browse multifamily, office, retail, industrial, and mixed-use investment...

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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

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Lake Morton-Berrydale WA Properties: 0.8200%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Lake Morton-Berrydale WA

Common questions from investors exploring commercial real estate in Lake Morton-Berrydale WA.

What's the overall investment potential of Lake Morton-Berrydale, WA? +
The combination of a high median household income of $103,419, a low poverty rate of 4.2%, and a strong health insurance coverage rate of 96.3% suggests a stable and attractive market for real estate investment, with a diverse economy driven by top industries like Healthcare & Social Assistance, Retail Trade, and Professional, Scientific, & Technical Services.
How does the local economy impact rental demand? +
The presence of top industries such as Healthcare & Social Assistance, Retail Trade, and Professional, Scientific, & Technical Services, along with a high employment rate and median household income, indicates a strong demand for rentals, particularly with the area's relatively low poverty rate of 4.2% and high health insurance coverage rate of 96.3%.
What role does ethnic diversity play in the local real estate market? +
The ethnic diversity of Lake Morton-Berrydale, with a population that is 83.2% White, 6.5% Asian, and 5.1% Hispanic, contributes to a vibrant and inclusive community, which can attract a wide range of residents and support a stable rental market, especially when combined with the area's low poverty rate and high median household income.
How do quality-of-life metrics impact market stability? +
The average commute time of 34.4 minutes, with 83.2% of residents driving alone and 8.5% working from home, along with a high health insurance coverage rate of 96.3%, suggests a high quality of life and a stable market, making Lake Morton-Berrydale an attractive location for both residents and investors, with a strong potential for long-term growth.
What are the key factors to consider for long-term investment growth? +
For long-term investment growth, consider the area's high median property value of $419,100, relatively low poverty rate of 4.2%, and strong health insurance coverage rate of 96.3%, combined with the diverse economy, high median household income, and ethnic diversity, which all contribute to a stable and attractive market with potential for appreciation and rental yield, particularly in industries like Healthcare & Social Assistance and Professional, Scientific, & Technical Services.

Lake Morton-Berrydale WA Real Estate & City Facts

Key facts and real estate information about Lake Morton-Berrydale WA.

What are some of the best neighborhoods to live in Lake Morton-Berrydale? +
Some of the best neighborhoods to live in Lake Morton-Berrydale include the areas around Lake Morton and Berrydale, which offer expansive lots and proximity to Washington's natural beauty. According to Trulia and Homes.com, these neighborhoods have a median real estate price of around $900,000 and are considered more expensive than 72.8% of the neighborhoods in Washington.
What are some fun things to do in Lake Morton-Berrydale? +
There are plenty of fun things to do in Lake Morton-Berrydale, including visiting the Cedar River Trail, Soos Creek Trail, and Lake Wilderness. You can also check out the On Safari - In tour, Sea Axe axe throwing, and Gnomes Trail. For more ideas, visit the Yelp page for Things To Do near Lake Morton-Berrydale, WA 98042.
What is the food scene like in Lake Morton-Berrydale? +
The food scene in Lake Morton-Berrydale is diverse and offers a range of options, from farm-to-table restaurants like Water's Table to steakhouses like Smoke & Cedar Steakhouse. You can also find sushi restaurants like Miyabi Restaurant and seafood houses like Market 253 Seafood House & Raw Bar. For a comprehensive list, check out OpenTable's list of restaurants near Lake Morton-Berrydale.
What are the pros and cons of living in Lake Morton-Berrydale? +
The pros of living in Lake Morton-Berrydale include its natural beauty, with proximity to lakes, trails, and parks. The area also has a high median household income and a low poverty rate. However, the cons include a high median property value and property taxes, which can make it challenging for some people to afford. Additionally, the area has a relatively high cost of living compared to other parts of the state.
Is Lake Morton-Berrydale a good place to live? +
Lake Morton-Berrydale can be a good place to live for those who value natural beauty, outdoor recreation, and a relatively high standard of living. However, it may not be the best fit for everyone, particularly those on a tight budget or looking for a more affordable cost of living. Ultimately, whether Lake Morton-Berrydale 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

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Lake Morton-Berrydale WA Commercial Property: $103,419

⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

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

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
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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
⭐ 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
⭐ Featured

Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

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

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

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

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

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)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
⭐ Featured

Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF