Lake Tapps, WA High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Lake Tapps, Washington Market population: 12K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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 Tapps WA Properties: 97.0000%
⭐ 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 Tapps WA
Common questions from investors exploring commercial real estate in Lake Tapps WA.
What's the overall investment potential of Lake Tapps, WA?
+
With a median household income of $103,574 and a low poverty rate of 4.4%, Lake Tapps presents a stable investment market, further reinforced by its high health insurance coverage of 95.2% and relatively short average commute time of 33.9 minutes, indicating a strong and reliable workforce.
How does the local economy impact real estate demand?
+
The top industries in Lake Tapps, including Information and Professional, Scientific, & Management, & Administrative & Waste Management Services, drive demand for housing, while the city's diverse population, with top ethnicities being White, White Non-Hispanic, and Two Or More, contributes to a vibrant community, and with an employed population of 6,047, the market is likely to remain robust.
What are the key factors influencing property values in Lake Tapps?
+
The median property value of $363,800, combined with a high homeownership rate of 88.6% and relatively low poverty rate of 4.4%, suggests that property values are likely to appreciate over time, and with a GINI coefficient of 0.35 indicating moderate income inequality, the market may offer opportunities for both luxury and affordable housing investments.
How does the commute and transportation infrastructure affect the quality of life for residents?
+
The average commute time of 33.9 minutes in Lake Tapps, with top commute methods including driving alone, working from home, and carpooling, indicates a relatively convenient and flexible transportation infrastructure, which, paired with the high health insurance coverage rate of 95.2%, contributes to a high quality of life for residents and potentially higher rental yields and property appreciation.
What's the outlook for rental yields and property appreciation in Lake Tapps?
+
Given the city's strong economy, with a median household income of $103,574 and top industries driving job growth, along with its high homeownership rate of 88.6% and moderate median property taxes of $3,630, Lake Tapps is likely to experience steady property appreciation and attractive rental yields, making it an appealing market for real estate investors seeking long-term growth and stable returns.
Lake Tapps WA Real Estate & City Facts
Key facts and real estate information about Lake Tapps WA.
What are some of the best neighborhoods to live in Lake Tapps?
+
Some of the best neighborhoods to live in Lake Tapps include Daffodil Estates, Crystal Ridge, and the southwest parts of the city. These areas are known for their spacious homes, family-friendly atmosphere, and stunning views of Mount Rainier.
What are some fun things to do in Lake Tapps?
+
There are plenty of fun things to do in Lake Tapps, including visiting the Lake Tapps Park, going to the beach, swimming, boating, fishing, and exploring nearby sites. You can also take a day trip to Seattle or visit the Washington State Fair Event Center.
What is the food scene like in Lake Tapps?
+
The food scene in Lake Tapps is vibrant and offers a variety of options, including Italian cuisine at Al Lago Ristorante Italiano, steakhouse options at The Mill Steakhouse + Spirits, and fresh seafood at Island Lodge. There are also plenty of great food trucks and local favorites to try.
What are the pros and cons of living in Lake Tapps?
+
The pros of living in Lake Tapps include its peaceful and family-friendly atmosphere, beautiful lake views, and abundant trees. However, some cons include the potential for traffic and crowds during peak season, and the need for a car to get around. Overall, Lake Tapps is a great place to live for those who value a relaxed and natural environment.
Is Lake Tapps a good place to live?
+
Yes, Lake Tapps is a good place to live, offering a unique blend of natural beauty, outdoor recreation, and small-town charm. With its strong sense of community, good schools, and relatively low crime rate, Lake Tapps is an attractive option for families, retirees, and anyone looking for a relaxed and peaceful lifestyle.
⭐ 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 Tapps WA Commercial Property: $103,574
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