Amenities refer to the nonmonetary benefits derived from property ownership that contribute to its desirability. This can include both tangible and intangible features such as pride of ownership, modern appliances, and fixtures.
A Mobile Home Park is a subdivision of plots designed for the siting of mobile homes. Plots are typically leased to mobile home owners and include utilities, parking space, and access to utility roads. Many parks also offer amenities such as swimming pools and clubhouses.
An office park is a planned development specifically designed to accommodate office buildings and their supportive facilities, such as restaurants and gyms. These parks may be tailored to attract particular types of tenants, including research or medical services.
With over 3,000 definitions (and 30,000 Quizes!), our Lexicon of Real Estate Terms equips buyers, sellers, and professionals with the knowledge needed to thrive in the real estate market. Empower your journey today!