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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

apartment (building)

A building with multiple residential tenants.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
The apartment complex has parking for 62 cars and is walking distance from the A and S trains.
'We wish to offer our clients the chance to live a luxurious and comfortable life in our aesthetically appealing, high quality apartment complexes. This is the core characteristic of all our property development projects.
The hostage situation developed after officer Kevin Valencia responded to a domestic dispute call and was shot when trying to arrest Lindsay at the apartment complex on Sunday night, according to OPC Chief John Mina.
Land around the apartment complex is categorized as private, so it is up to residents whether to allow an exception for delivery vehicles.
Adamson says Terre Haute police and police from other agencies surrounded the building in the Garden Quarter apartment complex shortly after the shooting.
Melissa Orren, executive director of AHA!, said, "The AHP has helped this project, which has been 10 years in the making, become a reality." The three-story apartment complex, to be called AHA!
The 896-unit garden apartment complex is located in the community of Plainsboro, New Jersey.
Realty Partners has acquired Windsor House Apartments, a 322-unit apartment complex located in San Antonio, TX, the company said.
Jeter said the area is a hot one because a Starbucks recently opened at the southeast corner of the intersection and two lots just north of the apartment complex site are under contract.
The senior loan is secured by a first mortgage on the garden apartment complex. A majority of the loan will go towards the acquisition of the property, with the rest earmarked for renovations over a three year period.
The Riverwalk Apartments, one of Eugene's newest and most expensive apartment complexes, has sold for $43.1 million, according to a Portland commercial real estate broker.

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