Mixed Use and Multi Family
Key Characteristics of a Mixed-Use Property:
Feature Description
Use Types Typically includes residential, commercial, retail, office, and sometimes hospitality or industrial components.
Zoning Must be zoned for mixed-use by the local municipality.
Layout Different uses are separated vertically (e.g., retail on bottom, housing on top) or horizontally (different sections of the development).
Ownership Can be owned by an individual, company, REIT, or government entity; may be leased or sold as separate units.
Financing Considered commercial real estate; underwriting depends on the income mix…
The skinny
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