An apartment complex consists of two or more apartment buildings. Logically, you would expect that running and owning an apartment complex is harder than running a single building. However, there are certain economies of scale that work to the benefit of apartment complex owners. Owning an apartment complex pros and cons are somewhat different from those for other multifamily structures. In this article, we’ll discuss the process of buying and owning an apartment complex, review its profitability, and evaluate owning an old apartment building vs a modern apartment building.
Infographic by: assetsamerica.com
Infographic by: assetsamerica.com