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Friday, 1 July 2016

Understand The Various Categories Of Commercial Real Estate For Sale Florida

By Sharon Murphy


Generally, a commercial real estate is a property owned to generate income. This may encompass different kinds of property that may include land that can bring income from an investment point of view. On the other hand, from a business perspective, the commercial property includes offices, industrial, retail, hospitality and commercial space which can be sold or leased for business purposes. However, with available commercial real estate for sale Florida, you can invest your money to generate more income.

It is vital to have an understanding of the several categories of the commercial property prior to an investment in them. An understanding of the several categories enables you to come up with wise choices before finally undertaking an investment. Together with this, different persons hold different preferences and tastes concerning different options of investment. For instance, someone would prefer office property investments while a different person may prefer a multi-family property investment.

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 in the commercial properties is the restaurant and the retail properties. More often, they are free standing like the banks or the restaurant buildings. In urban areas especially, they may be found on the bottom floors in multi-family buildings and office structures. When investing in these kinds of property, you need to choose the ideal retail space although investors prefer areas that have many tenants.

Industrial properties is another category these kinds of real estates. These properties range from small sites to bigger space, warehouses, and heavy manufacturing sites. Usually, these spaces have clear height specifications. Heavy production sites are often highly specialized with machinery making it difficult to transform to other uses. Even bulk warehouse spaces might not be easily transformed. However, light assembly spaces and flex warehouse can easily be reconfigured.

Another significant category for the commercial properties is the multifamily property. This category of property comprises larger apartment or fourplex. As well, garden apartments, high-rise condominium, sprawling apartments and midrise-apartment complexes are commercial investments. Multi-family properties usually are managed professionally.

As an investor in these properties, you may draw huge benefits from this kind of investment. First, you benefit from current income and cash. This is because these kinds of properties are secured by leases creating a regular income flow. At the same time, these properties have excellent asset value appreciation that goes beyond other types of investments.

Above all, an investment in these types of properties aids investors in accumulating equity by means of leverage. This feature is essential for these types of properties because you are able to take debt that is above your equity. This allows you to own more assets even with less cash and at the same time increasing your equity as you pay your debt.




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