Mixed-use developments are real estate projects that combine apartments or condos with commercial real estate. They're growing in popularity and represent a unique type of investment opportunity for real estate investors. Also called live-work-play properties, a mixed-use development could be a single building or take up several blocks.
And the commercial areas they contain could include everything from retail, restaurant, and gym space to offices, movie theaters, and self-storage. To explain why real estate investors should be interested in these properties, let's take a look at their appeal.
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