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Understanding the difference between a condo and a multifamily residence

MRI Software

A condo, or condominium, is a privately owned unit within a larger multi-unit building. Get a software demo Multifamily software used by the top ten NMHC managers Take full control of the lead-to-lease process Get a demo The post Understanding the difference between a condo and a multifamily residence appeared first on MRI Software.

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What is multifamily property management and what are the benefits?

MRI Software

The types of properties managed within this sector include condominiums (condos), townhouses, and any other residential buildings with multiple rentable units. Multifamily property managers must ensure that the property is maintained, occupied, and profitable for property owners. appeared first on MRI Software.

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What is multifamily property?

MRI Software

Condo A condominium, known as a condo, is a private residence within a larger complex or building where each unit is individually owned. FAQs about multifamily properties Get a software demo Multifamily software used by the top ten NMHC managers Take full control of the lead-to-lease process Get a demo The post What is multifamily property?

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How to get land zoned for multifamily

MRI Software

These properties can take various forms, including apartment complexes, duplexes, townhouses, or condominiums, offering a range of housing options for different demographics. Multifamily zoning refers to land designated for residential buildings that house multiple units within a single structure.

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Multifamily condo conversion: Is it the right move for your property?

MRI Software

Many landlords are now exploring the potential of converting their rental properties into condominiums to unlock new opportunities for income and investment. A multifamily condo conversion involves transforming a rental property with multiple units, like an apartment building, into individually owned condominiums.

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