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Updated about 11 years ago,
Apartment Building Investing
Hello BP members,
Is it better to invest into an all 2 bedrooms building over a mix unit building?
In terms of size of building it will be between 4 - 24 units.
I have come across a few mix unit buildings and all 1 bedroom buildings, but my concern is 1 bedroom units where turn over is very high (mostly) as compare to 2 bedrooms.
In addition it is my understanding that if the units are uniformed, it usually means that building was designed mostly likely to be an apartment building not some warehouse / old big house turn into an apartment building.
Any comment / suggestions would be appreciated.