Mound, LA High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Mound, Louisiana Market population: 9K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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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
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Mound MN Properties: 0.9800%
⭐ 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 Mound MN
Common questions from investors exploring commercial real estate in Mound MN.
What's the overall investment outlook for Mound, MN, considering its demographics and economy?
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Mound, MN presents a stable investment market, with a median household income of $83,419, a relatively low poverty rate of 4.1%, and a high health insurance coverage rate of 97.1%, indicating a strong and secure population. The top industries, including Healthcare & Social Assistance and Finance & Insurance, also suggest a diverse and robust economy. Additionally, the city's low foreign born rate of 2.5% and high homeownership rate of 81.1% point to a stable community with low turnover rates.
How does the city's commute time and transportation infrastructure impact the quality of life for residents and potential renters?
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The average commute time of 28.4 minutes in Mound, MN is relatively low, and the top commute methods, including driving alone and working from home, indicate a flexible and convenient transportation infrastructure. This, combined with the high health insurance coverage rate of 97.1% and low poverty rate of 4.1%, suggests a high quality of life for residents, making it an attractive location for potential renters and investors. The diverse top industries, including Retail Trade and Manufacturing, also contribute to the city's economic stability.
What role does ethnic diversity play in shaping the local market demand and investment opportunities in Mound, MN?
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Although Mound, MN has a relatively low ethnic diversity, with 95.1% of the population identifying as White, the presence of top industries like Healthcare & Social Assistance and Finance & Insurance suggests a demand for housing and services from a diverse workforce. The city's low poverty rate of 4.1% and high median household income of $83,419 also indicate a stable and secure market, with opportunities for investors to cater to the needs of a predominantly white-collar population. The high homeownership rate of 81.1% further supports the stability of the local market.
How do the median property value and property taxes in Mound, MN impact the attractiveness of the city for real estate investors?
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The median property value of $243,400 in Mound, MN, combined with the median property taxes of $3,564, presents a relatively affordable investment opportunity, especially considering the city's low poverty rate of 4.1% and high health insurance coverage rate of 97.1%. The top industries, including Healthcare & Social Assistance and Retail Trade, also contribute to the local economy's stability, making it an attractive location for investors. Additionally, the average commute time of 28.4 minutes and high homeownership rate of 81.1% suggest a high quality of life and low turnover rates, further enhancing the city's appeal to investors.
What are the implications of Mound, MN's income inequality and employment rates for real estate investors and the local housing market?
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The GINI coefficient of 0.401 in Mound, MN indicates a relatively low income inequality, which, combined with the high employment rate and median household income of $83,419, suggests a stable and secure population. The low poverty rate of 4.1% and high health insurance coverage rate of 97.1% further support this assessment, indicating a low-risk investment environment. The top industries, including Finance & Insurance and Professional, Scientific, & Technical Services, also contribute to the city's economic stability, making it an attractive location for real estate investors. The average commute time of 28.4 minutes and high homeownership rate of 81.1% also point to a high quality of life and low turnover rates, enhancing the city's appeal to investors.
Mound MN Real Estate & City Facts
Key facts and real estate information about Mound MN.
What are some of the best neighborhoods to live in Mound?
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Some of the best neighborhoods to live in Mound include the central parts of the city, which tend to be more desirable and have higher median house prices. According to Nextdoor, Mound is a peaceful and family-friendly neighborhood with beautiful lake views and walkable trails. Additionally, neighborhoods like Westonka and Surfside are also popular among residents.
What are some fun things to do in Mound?
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There are plenty of fun things to do in Mound, including visiting the Westonka History Museum, Surfside Beach, and Zero Gravity Skatepark. You can also explore the David M Thaler Sports Center, WRA Park, and Al & Alma's Supper Club. For outdoor enthusiasts, Mound has several parks and trails, such as Lakewood, where you can go hiking or birdwatching.
What is the food scene like in Mound?
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The food scene in Mound is diverse and offers a range of options, from fine dining to casual eateries. Some popular restaurants include Al & Alma's Supper Club, Surfside Bar & Grill, and Carbone's Pizzeria. You can also find unique dining experiences, such as Cabana Anna's, which offers a 3-course prix fixe menu. Additionally, there are plenty of great food trucks and local cafes to explore.
What are the pros and cons of living in Mound?
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The pros of living in Mound include its peaceful and family-friendly atmosphere, beautiful lake views, and walkable trails. The city also has a strong sense of community, with several parks and outdoor spaces. However, some cons include the higher cost of living, particularly when it comes to housing, and limited job opportunities in certain industries. Overall, Mound is a great place to live for those who value a relaxed and natural environment.
Is Mound a good place to live?
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Yes, Mound is a good place to live, offering a unique blend of natural beauty, community spirit, and convenient amenities. While it may have some drawbacks, such as higher housing costs, the city's peaceful atmosphere, outdoor recreational opportunities, and growing food scene make it an attractive option for families, retirees, and individuals looking for a relaxed 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 Mound MN Commercial Property: $83,419
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⭐ 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
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⭐ 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
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⭐ 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
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