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Milliken, CO Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Milliken, Colorado Market population: 6K. Compare commercial properties across all major asset classes with...

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πŸ“Š Average Cap Rate For Milliken CO Properties: 5.7%

⭐ 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

πŸ“Š Avg Property Tax Rate For Milliken CO Properties: 0.6300%

⭐ Featured

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

Investor Questions For Milliken CO

Common questions from investors exploring commercial real estate in Milliken CO.

What is the overall investment potential of Milliken, CO, considering its demographic and economic factors? +
Milliken, CO, with its median household income of $66,134, low poverty rate of 3.5%, and high health insurance coverage of 88.9%, presents a stable investment market. The top industries, including Manufacturing and Health Care & Social Assistance, contribute to a diverse economy, while the 86.7% homeownership rate and $165,500 median property value indicate a strong housing market.
How does the ethnic diversity and commute time in Milliken, CO, impact the rental market? +
The ethnic diversity, with top ethnicities being White, White Non-Hispanic, and Hispanic, suggests a culturally rich community, which can attract a wide range of renters. Additionally, the average commute time of 34.1 minutes, with top commute methods being driving alone, carpooling, and working from home, indicates a relatively convenient location for renters, potentially increasing demand for rental properties.
What are the implications of the poverty rate and health insurance coverage on tenant quality in Milliken, CO? +
The low poverty rate of 3.5% combined with high health insurance coverage of 88.9% in Milliken, CO, suggests a working-class market with employment stability and access to healthcare, which are positive indicators for tenant quality and reliability. This stability can lead to longer tenant retention and lower vacancy rates for investment properties.
How do the top industries in Milliken, CO, influence the local real estate market? +
The presence of top industries such as Manufacturing, Retail Trade, and Health Care & Social Assistance in Milliken, CO, contributes to a diverse and stable economy, which can drive demand for housing. This diversity can lead to a more resilient real estate market, less dependent on a single industry, making it an attractive location for real estate investment.
What role does the GINI coefficient and foreign-born rate play in assessing the investment potential of Milliken, CO? +
The GINI coefficient of 0.358 indicates a moderate level of income inequality in Milliken, CO, which, combined with a foreign-born rate of 12.1%, suggests a community with a mix of income levels and cultural backgrounds. This mix can contribute to a dynamic local economy and housing market, potentially offering opportunities for real estate investors to cater to a diverse range of buyers and renters.

Milliken CO Real Estate & City Facts

Key facts and real estate information about Milliken CO.

What are some of the best neighborhoods to live in Milliken? +
Some of the best neighborhoods to live in Milliken, CO, include the peaceful and family-friendly areas with small-town charm, beautiful parks, good schools, and a close-knit community. You can find homes for sale or rent in these neighborhoods, which offer a great quality of life. For example, the area around Broad Street is known for its historic buildings and community events.
What are some fun things to do in Milliken? +
There are plenty of fun things to do in Milliken, CO, such as visiting the Daniels School, playing a round of golf at the Mad Russian Golf Course, or exploring the Devil's Backbone Open Space. You can also check out the Loveland Museum or visit the Boyd Lake State Park for some outdoor recreation. Additionally, the town hosts various events and festivals throughout the year, so be sure to check the local calendar for what's happening during your visit.
What is the food scene like in Milliken? +
The food scene in Milliken, CO, is a mix of local eateries and restaurants serving a variety of cuisines. You can find popular breakfast and lunch spots like The Cracked Egg, or grab a drink and some pub fare at O'Hara's Irish Pub. There are also plenty of great food trucks in the area, such as Agua Viva, which serves up delicious Mexican cuisine. For a romantic lunch or dinner, you might consider visiting one of the nearby towns like Fort Collins or Greeley, which offer a wider range of dining options.
What are the pros and cons of living in Milliken? +
The pros of living in Milliken, CO, include its small-town charm, beautiful parks, good schools, and a close-knit community. The town also has a relatively low cost of living and a strong sense of community, with plenty of local events and festivals throughout the year. However, some cons of living in Milliken might include its limited job opportunities and entertainment options, as well as its location, which is about 30 minutes from larger cities like Fort Collins and Greeley. Overall, Milliken is a great choice for those who value a peaceful, family-friendly lifestyle and are willing to commute to nearby cities for work or entertainment.
Is Milliken a good place to live? +
Milliken, CO, is a great place to live for those who value a small-town lifestyle with a strong sense of community. The town offers a great quality of life, with beautiful parks, good schools, and a relatively low cost of living. While it may not have all the amenities and job opportunities of a larger city, Milliken is a wonderful choice for families, retirees, and anyone looking for a peaceful and friendly place to call home. Just be aware that you may need to commute to nearby cities for work or entertainment, and be sure to research the local area thoroughly to ensure it's the right fit for your needs and preferences.

πŸ“Š Average Income For Milliken CO Commercial Property: $66,134

⭐ 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
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