Multifamily Property

Concept of Multifamily Property in the context of Real Property

A short definition of Multifamily Property: To meet the FNMA definition it is a residential property of not less than five dwelling units with not more than 20 percent of the net rentable area rented or set aside for rent to non-residential tenants.

Concept of Multifamily Property in the context of Real Property

A short definition of Multifamily Property: To meet the FNMA definition it is a residential property of not less than five dwelling units with not more than 20 percent of the net rentable area rented or set aside for rent to non-residential tenants.