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What is an Apartment House?

CEO Khai Intela
Image source: saigonintela.vn Apartment houses have been a part of our housing landscape for centuries. With different types, sizes, and ownership structures, they offer a variety of options for tenants and investors. But what exactly...

What Is an Apartment House? Image source: saigonintela.vn

Apartment houses have been a part of our housing landscape for centuries. With different types, sizes, and ownership structures, they offer a variety of options for tenants and investors. But what exactly is an apartment house?

Types of Apartment Houses

Types of Structures

The classification of apartment houses is based on their size and number of units:

1. Low-rise apartment houses

Low-rise apartment houses Image source: saigonintela.vn

These apartment buildings, typically found in suburban areas, are usually four stories or fewer. They may or may not have elevators and often offer amenities such as parking spaces and accessibility options for the disabled or elderly. Low-rise apartment houses are generally more affordable but offer fewer amenities.

2. Mid-rise apartment houses

Mid-rise apartment houses Image source: saigonintela.vn

With five to nine stories, mid-rise apartment houses are popular in both suburban and urban areas. They are located within walking distance of services like restaurants and shops, offering tenants more privacy and fewer noise disturbances. Many mid-rise buildings also provide amenities like gyms, pools, and green spaces.

3. High-rise apartment houses

High-rise apartment houses Image source: saigonintela.vn

Found in busy metropolitan areas, high-rise apartment houses are structures with ten or more stories. While they can be expensive to build and maintain, they offer reliable housing solutions in areas where land is scarce. High-rise apartment houses are popular in large cities and can be quite profitable for investors due to the high number of occupants.

4. Mixed-use buildings

Mixed-use buildings Image source: saigonintela.vn

Mixed-use buildings combine residential and commercial spaces in one structure. They can be either vertical (with commercial spaces on the lower floors and residential units above) or horizontal (with residential and commercial spaces spread out within the building). These buildings are found in various settings, from urban centers to suburban communities.

Ownership Types

Apartment houses can also be categorized based on ownership:

1. Single-owner apartment houses

In single-owner apartment houses, an individual or corporation owns the entire building. Tenants sign leases or rental agreements with the property owner.

2. Co-op apartment houses

Co-op apartments are owned by a group of shareholders. Owners buy a share of the building rather than an individual unit, and renting out co-op units can be a lengthy process. There is usually a board that sets policies for the building.

3. Condominium apartment houses

Condominium apartments consist of individually owned units. Renting a condo means renting from the owner of that specific unit. Condos often offer amenities similar to apartments and are visually similar to them as well.

Types of Apartments

Apartments within an apartment house come in various types to suit different needs:

  • Studio apartments
  • Alcove studio apartments
  • Convertible apartments
  • Micro apartments
  • Efficiency apartments
  • Garden apartments
  • Loft apartments
  • Walk-up apartments
  • Luxury apartments
  • Flex apartments
  • Railroad apartments
  • Basement apartments
  • Junior 1-bedroom
  • Shotgun apartments
  • 2-bedroom apartments
  • Classic six apartments
  • Junior 4 apartments
  • Maisonette apartments
  • Duplex/triplex apartments
  • Parlor floor apartments
  • Penthouse apartments

Final Thoughts

Whether you're a tenant or an investor, understanding the different types of apartment houses and apartments available is crucial. Each type has its own advantages and considerations, so it's important to do thorough research before making any decisions. Happy apartment hunting!

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