Apartment buildings can be a real estate investor’s dream. Many first time investors start out with single family rental units, and those are great as well. But more experienced investors can get greater returns by buying apartment buildings that cash flow.
As an investor, owning apartment buildings has some distinct advantages to single family rentals. The most obvious is that you have more tenants paying monthly rent. This can be a substantial amount of money each month. If the property was purchased at a favorable price, and the payments are sufficiently low, it is much easier to generate larger positive cash flow with apartment buildings than single family rentals.
Another benefit, however, is that management of apartment buildings consolidates a larger number of tenants to a single location. This makes site visits, routine maintenance, and other tasks more efficient for the property manager or investor.
Capital Investments Realty works with top apartment building investors here in the Columbus, Ohio region, and can help new investors get started. We’ll help you find properties that match your favorite investment strategy and location preferences. Our access to the entire MLS, plus listings that are not yet on the MLS, gives us an edge. Let us know what your apartment building investment goals are, and we’ll help you accomplish them!
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