Apartment Building

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Apartment Building

A structure with several apartments in it. The apartments share a hallway or exterior walkway, though they are not otherwise connected to each other. Investors may purchase an apartment building to collect the rental income from tenants.

apartment (building)

A building with multiple residential tenants.
References in periodicals archive ?
Eastern Avenue Apartments LLC was the seller of the five-year-old apartment complex.
7-million, 48-unit apartment complex are also on the books.
To ensure community involvement, NST members met with officials from the Garland Independent School District and surveyed neighborhood residents, including tenants of the affected apartment complex.
He noted that, at the Trust's $6,520,000 sale price of the apartment complex, the yield to the purchaser based on actual 1993 operations was below 8.
46 million, 49 percent pari passu interest in a mezzanine loan made by GMAC Commercial Mortgage in conjunction with the condo conversion of a 344-unit apartment complex in Odessa, Pasco County, Fla.
Displaying it in the property office of the apartment complex assists in attracting honest applicants, while deterring dishonest ones.
The PFOA found in tap water was from private wells and from an apartment complex supplied by the public water system.
At the end of February, the partnership paid $23 million for Harbor Grand Apartments, which at 192 units is the largest apartment complex in Lake Elsinore, Calif.
Leinart and Jarrett lived in downtown Los Angeles at the The Medici apartment complex and paid approximately $3,800 per month, according to USC.
The larger of the two is Manhattan House, which is a 583 unit, one million square foot apartment complex located at 65th Street between Second and Third Avenues.
Capital Towers II is a 90-unit, high-rise apartment complex in Raleigh.
brokered the sale of the 139-unit Villa Bordeaux apartment complex in Peoria, Ill.

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