An infographic from Assets America, a business property finance company, outlining the pros and cons of owning an apartment complex or some other form of multifamily home.
Some of the benefits of owning an apartment complex include multiple income streams, building equity, simpler future funding, tax advantages, capital appreciation, improved real estate assets and economies of scale.
The drawbacks to owning an apartment building or complex, on the other hand, include capital expense, external effects, limited supply, indifferent tenants and high maintenance costs. Nonetheless, most owners and proprietors of multi-family properties believe that the disadvantages outweigh the advantages of owning apartment buildings.
The chart is ideal for anyone looking to purchase an apartment house.
infographic by: assetsamerica.com
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