Large Multifamily (LMF)
Investor Term:
LMF
Definition:
A large multifamily property is a residential property that contains more than 10 units. These properties can be either apartment buildings or condominium complexes. Large multifamily properties are typically found in urban and suburban areas, and they can be a good investment for investors.
Example:
For example, large multifamily buildings are characterized as 10 units or more. Large apartment buildings or complexes are considered large multifamily.