There is an intersection between two types of properties. What is considered typically commercial and residential investments which are very different. Occasionally, you’ll find them with a mix including industrial units known as mixed-use. Mixed-use properties typically involve buildings with industrial, retail, or office space on the ground floor and residential spaces on the upper floors.
Unfortunately, investors often overlook this opportunity to earn high returns because they focus solely on one type of property they build their real estate portfolios. If you’re ready to learn more, read on as we explore what commercial investment buyers need to know about buying mixed-use properties in Oklahoma City.
Commercial investment buyers need to know the market and understand the essential factors to consider about the location of mixed-use properties in Oklahoma City. While you can improve the building, you can’t pick it up and move it to a better corner. As the say in real estate, three most important factors are location, location and location. In addition, community developments are trending towards walkable neighborhoods to attract tenants who seek this lifestyle. For your commercial leasees, selecting a great location also has the advantage of bringing more foot traffic to their business. If they are on the ground floor of a residential building they have built in customers. Professional buyers at 1-800-2SellHomes are intricate players in the local real estate market who share their expertise to help investment buyers like you find the best mixed-use property location available in Oklahoma City.
Brick and Mortar
Online shopping is quickly overtaking many retail outlets; however, there will always be those that require a physical location to conduct business. Therefore, commercial investment buyers need to understand the importance of the types of businesses they place in their mixed-use properties in Oklahoma City. For example, placing residential housing or a hotel above shops and restaurants provides convenience for residents and built-in commerce for your commercial tenants. Online stores still require warehouses and distribution centers that may be part of a mixed use project as well. The professional investors at 1-800-2SellHomes can help you explore your options to fulfill your vision for your mixed-use investment.
Mixed-use properties offer real estate investors an excellent way to diversify their holdings within a single investment vehicle, which serves to minimize risk; you’re more likely to ride out downturns in any area with little effect on your bottom line. Commercial investment buyers should know that diversity protects their portfolios by spreading their investments among market sectors, such as residential, commercial, and industrial. A mixed use property will have investment diversity built in. With carefully thought-out uses when buying mixed-use properties in Oklahoma City, you can maximize the potential of your investment and lower your overall portfolio risk.
Happy tenants, whether they are businesses or residential tenants, have the potential to maximize the return on your investments by reducing turnover. Tenant turnover is something commercial investment buyers need to know when buying mixed-use properties in Oklahoma City. In addition, happy tenants typically stay in place longer and treat the property as their own, further protecting your investment. As a result, commercial leases can be highly beneficial with quality leases that are often for multiple years and can provide high investment yields. Of course, it requires time and a great deal of work to perform the research and due diligence necessary before making such a significant financial transaction. You should not attempt a complicated mixed-use development on your own without experience. However, you must also remember when you calculate your future returns you are basing that off the prior owners records which may reflect their dedication to providing superior property management. You shouldn’t assume that will continue unless you are willing to provide the same dedication. The winning team at 1-800-2SellHomes also includes access to the most highly regarded property management team in Oklahoma City to help you with everything from tenant screening to placement or full-time on-site property management.
From financing requirements to locating and assessing investments to managing your holdings, commercial investment buyers need to know about networking and building a great team when buying mixed-use properties in Oklahoma City. For example, if you’re rehabbing or redeveloping the property, meeting the inevitable deadlines and achieving your goals requires reliable tradespeople and supply lines. Not to be forgotten, successful investors work with a team that can handle everything from permitting to attorneys to assist with complicated leases and top-notch professionals from every walk of the real estate industry. By working with the professional buyers at 1-800-2SellHomes, you’ll benefit from our full-service in-house team of industry specialists at 1-800-2SellHomes.
Why not work with the investment specialists at 1-800-2SellHomes who’ve built their careers in the Oklahoma City real estate market? With everything you need to succeed, at 1-800-2SellHomes, we make it easy for investment buyers like you to earn the highest possible returns, from attorneys to the title search, from the initial inspection to the closing table. The professional buyers at 1-800-2SellHomes and their entire team are passionate about helping commercial investment buyers succeed. At 1-800-2SellHomes, all working in unison with the mindset of an investor to minimize risk and maximize profits, saving you valuable time and money and avoiding unnecessary headaches and expenses. Whether you’re just getting started or a real estate mogul, the professional buyers at 1-800-2SellHomes are happy to answer any questions or address any concerns you might have without any obligation. Don’t forget to as your professional buyer about our current inventory of the best mixed-use properties available in Oklahoma City. Call 1-800-2SellHomes at (800) 273-5546.