Mixed-use developments sprouted across the country in the mid-2000s as developers sought ways to blend urban-style living with walkable communities. Since then, demand for mixed-use developments has attracted domestic and foreign investors as well as young home buyers. If you’re considering investing in mixed-use property, it’s safe to say that these developments are here to stay. Mixed-use developments provide multiple streams of income for investors by offering commercial and residential space, they’re often in close proximity to other community amenities which makes the building and location more desirable, and the variety of revenue lessens the overall risk for real estate investors. Investing in mixed-use development property is a great way to diversify your portfolio, but here are three things you should know before investing in mixed-use property.
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