Apartment Building

Apartment Building Definition

An apartment building is a large and dense real estate property that houses many families in one location.

Explanation

This type of real estate is classified as a multifamily property, a very dense unit mostly found in urban areas.

This building has the ability to hold many families in one location. Some of these buildings either have stairs or elevators.

Apartment buildings can be as small as a few units to as large as hundreds of units. They are fully equipped living quarters for families holding a kitchen, bathroom, living and dining quarters and bedrooms.

Some may come with patios and/or balconies and amenities that are usually shared with other families living in the building. It may also include a parking lot as well.

 

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