Multifamily
Multifamily refers to a category of commercial real estate comprising residential properties designed to accommodate multiple separate housing units within a single building or complex. These properties include apartments, condominiums, townhomes, and duplexes with more than four units, distinguishing them from single-family residences. Multifamily investments are popular among commercial real estate investors for their potential to generate steady rental income and benefit from long-term property appreciation. Factors such as location, tenant demand, and market conditions significantly influence the performance and value of multifamily properties.