Best alternative real estate investments other than Multi-Family, (Self Storage, Retail, STNL, etc…)
A wise investment that can bring about long-term financial gains is real estate. Due to their regular demand, reliable income flow, and relatively low risk, multi-family homes have historically been a popular choice for real estate investors. There are other alternative real estate investments, though, that might offer comparable and even other advantages that may fit your portfolio better.
Here are some of the best alternative real estate investments other than multi-family:
Self-Storage Facilities
Because they offer a special service that is in high demand, self-storage facilities are an excellent alternative real estate investment. Whether they are downsizing due to the economy, clearing their house, or relocating, people need a place to keep their possessions. A low-maintenance, high-cash-flow investment opportunity is provided by self-storage facilities. They often have lower turnover rates than multi-family homes and are simpler to operate. Operating costs are typically much lower than other types of investment real estate as well.
Healthcare
Healthcare is a growth industry. The strong underlying fundamentals, positive growth trajectory, and continued resiliency make healthcare real estate attractive to investors of all kinds. You can invest by direct ownership/management, through real estate syndications, real estate funds, or by purchasing shares in real estate investment trusts. Some states have protections (certification of need) in place to mitigate oversaturation of the market, which allows for a potentially safer long term investment.
Single Tenant Net Lease (STNL) Properties
Another alternative real estate investment choice is single tenant net lease buildings. Properties owned by STNL are leased to a single tenant who is liable for all costs associated with the property, such as upkeep, insurance, and property taxes. Due to their minimal maintenance requirements and stable cash flow, STNL properties make good investments. Numerous companies, including fast food outlets, pharmacies, and convenience stores, are able to lease STNL sites. A bonus for investors is that the tenant is typically responsible for all property related expenses, including taxes, utilities, maintenance and insurance making for a good hedge against inflation.
Office Buildings
Yes that’s right, Particularly in high quality assets with top notch amenities ( ie: windows that open to let in fresh air, sustainable and energy efficient, a big one is flexible lease terms) in metropolitan regions that have the least amount of vacancy and great amenities within the community.
In conclusion, there are other real estate investment opportunities outside multi-family homes. Alternative real estate investment opportunities include self-storage facilities, retail properties, single tenant net lease assets, mobile home parks, and office buildings. These assets may offer consistent cash flow, long-term growth, and low-maintenance administration. When searching for your next real estate investment opportunity, take a look at these possibilities.
For more information and potential investment opportunities, please do not hesitate to reach out to: info@cbicommercial.com