Please identify and define six (6) types of real estate studies.
Six type of real estate can be Agricultural, Residential, Commercial, Industrial, Mixed Use and Special use.
Agriculture: Agriculture is using the land to provide crops, raise animals and plants. These types of investment may offer a diverse portfolio that includes many of the same benefits of real estate investments. The investor may buy sell and lease agriculture property.
Types of Agricultural Property:
1. Farms
2. Ranches
3. Timberland
4. Orchards
Residential : These properties in the residential category, specifically address multifamily housing and single-family housing in urban, suburban and also rural areas.
Types:
1. Single family homes
2. Apartment Buildings
3. Condominium
4. Cooperative
5. Manufactured House etc
Commercial: Commercial property will include property that contains business activity e.g office spaces, shopping centers, malls, stores and entertainment facilities.
Types:
Industrial: That Obtains buildings such warehouse, power plants and factories. For many investors, the industrial sector is the last talked about and focused real property to invest in.
Types
Mixed Use: Mixed-use property is that type of real property that has multiple uses for that property. That is, for instance, commercial and residential within the same property.
Special Purpose: That are usually publicly held property e.g places of religion, schools, libraries, government buildings , cemeteries and parks