An apartment (building) is a residential structure containing multiple dwelling units, generally intended as rental housing, featuring common entrances and hallways.
The building/land ratio is a real estate metric that compares the value of improvements (like buildings) on a piece of land to the value of the land itself. This ratio helps investors and appraisers assess the value and utility of a property.
A high-rise is a building that generally exceeds six stories in height and is equipped with elevators. High-rises are commonly used for residential, commercial, or mixed-use purposes.
