|
THE OPPORTUNITY
CENTURY 21® Commercial sales professionals understand that evaluating commercial
real estate means understanding the potential return on investment. Whether this is
your first venture at entrepreneurship or you are a well-established business owner,
your interests are always our number-one priority. CENTURY 21 Commercial sales
professionals can help you to locate, evaluate and negotiate commercial real estate while
understanding your concerns, which may include asset value, productivity, efficiency and
investment preservation.
The CENTURY 21 Commercial Network realizes that investment value is based on your
specific objectives and offers assistance while keeping in line with your interests, goals and
capabilities.
APARTMENTS OVERVIEW
Apartments can be an exciting option—whether you are looking to buy, lease, or invest.
As residential income properties, apartments are designed to be leased or sold to multiple
tenants for habitation. These commercial sites range from a small condominium to a large
apartment complex and should map to your specific needs, goals and resources. Properties
are typically non-owner occupied and may often be utilized as a source of a series of cash
flows, tax benefits, appreciation and capital accumulation. You should consult with your
tax advisor about specific tax and financial advice.
PROPERTY CHARACTERISTICS
The number of individual dwelling units included in a single project is typically the
overall method of classifying apartment properties. CENTURY 21 considers only projects
containing at least five units to be commercial property. Apart from the number of units,
residential income properties can be classed according to general types of unit design, such
as convertible, efficiency, garden, loft, low-/high-rise, penthouse, studio, or townhouse.
SPECIAL CONSIDERATIONS
CENTURY 21 Commercial sales professionals can facilitate the process of analyzing
location, trends, populations and other demographics that may help to minimize risk.
In addition, CENTURY 21 Commercial sales professionals have access to resources
that can help to assess the risks associated with zoning, environmental and occupancy
requirements. The Cash-Flow Analysis Model also recognizes that Real Estate Investors
who buy income properties typically are buying two future cash-flow benefits. The first
benefit is the annual cash flow after taxes from operations for each year of the holding
period; and secondly the benefits of the after-tax proceeds at the point of disposition of
the property. However, you should consult with your tax advisor about U.S. federal and
state income laws.
EXPERIENCE AT YOUR SERVICE
The CENTURY 21 Commercial practice enhances the distinguished reputation of the
Century 21 Real Estate Corporation—the franchisor of the world’s largest residential real
estate sales organization, providing comprehensive training, management, administrative
and marketing support for the CENTURY 21 System.
This System brings together industry resources, technology and the experience of more
than 142,000 trained professionals at independently owned and operated franchised
broker offices in more than 57 countries and territories worldwide.
www.century21.com/commercial
|