
When it comes to real estate, apartments are considered one of the primary property types along with office, industrial and retail. Generally, apartments with fewer than five units are classified as residential property while apartments with five or more units are classified as commercial property. There are many reasons why apartments are considered a great investment. First, they offer the highest returns out of all the real estate asset classes. A recent study found that apartments dominate holding period returns and risk-adjusted returns for 3, 5, 7, 10 and 15-year holding periods. The study analyzed holding period returns during the…