Here are a few Multifamily facts that might interest you….
- 2,505 vs. 1,626 The average square footage of a single home vs. the average size of condominium completed in 2012
- 9,000 The amount of multifamily buildings built in 2012
- 94% of the completed 166,000 rental units completed last year had air conditioning.
- Two out of every Three multifamily buildings completed last year used electricity as the primary heating source.
- Age-Restricted units constituted nearly 10 percent of all units delivered in 2012.
- 47.5% of units completed in 2012 had two or more bathrooms
Seems like the Unit Size, Number of Bathrooms and Air Conditioned Units are on the rise….
Ernie Facchine III
The Facchine Group
Coldwell Banker Preferred Conshohocken
1207 Fayette Street
Conshohocken, PA 19428
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