Sunday, 3 July 2016

Understand The Various Categories Of Commercial Real Estate For Sale Florida

By Sharon Murphy


Basically, commercial real estates are properties owned with an aim of generating income. From an investor point of view, this may include different properties including land that would generate some income. At the same time, this kind of properties may also include offices, retail, industrial, and multi-family properties, and hospitality commercial spaces which can be leased or sold for business purposes. Nevertheless, with commercial real estate for sale Florida, an individual can invest in this kind of properties and get some income in return.

Prior to investing in this kind of properties, it is important to understand the different categories of commercial properties. With a proper understanding of the different categories, you are able to make a well thought out decision before making the investment. On the other hand, investors would prefer different investments. For example, some people may prefer investing in offices whiles others may prefer investing in multi-family properties.

If you reside in Florida, you can choose to invest in any of the following categories of these properties available for sale. The first category is the office properties. This may include small professional buildings, single tenant buildings, skyscrapers and the likes. The location is an important factor to consider when selecting this category of investment since office properties are usually defined by neighborhood rather than building feature.

Another category is the retail or restaurant properties. They are usually free standing like banks and restaurant building. Especially in urban areas, they can be found in multi-family buildings or office structures on the lower floors. As an investor, you can select the ideal retail space for your investment although many investors are drawn to areas with many tenants.

Another grouping in these real estates is industrial property. These vary from much smaller sites to big spaces, heavy manufacturing to warehouse sites. In most cases, these spaces come with given height specifications. Sites that are used for heavy production are usually very specialized for machinery and make it difficult to convert for other uses. Bulk warehouse space may also be hard to transform. Nevertheless, flex warehouse and spaces for light assembly may be reconfigured easily.

Multi-family property is also another category in these types of properties. The multi-family properties include the fourplex and larger apartments. Again, garden apartments, high-rise condominium, midrise apartments and sprawling apartments form part of commercial investments. The multi-family properties are often professionally managed.

Investors in this properties can draw significant benefits from this investments. As an investor, you benefit from the flow of cash and current income. This is usually the case since these properties are usually secured by leases thereby forming a regular flow of income. Again, these properties significantly appreciate in value more than other investment types.

Besides, investing in these properties helps the investor to accumulate equity through leverage. This is an essential feature with these kinds of properties. As you can take debt which is higher than the equity of the property. This makes it possible to have more assets with less money as you increase the equity while paying the debt.




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