In the Florida markets we cover, there are 1,993 apartment complexes over 10 units that are owned by 1,000 +/- investors. There are 889 complexes over 100 units that are owned by only 557 +/-investors.
99.10% are from the U.S. (39 total states) and less than 1.00% are from Canada.
The top 5 states represent 81.00% of all the owners.
- Florida - 62.20%
- New York - 7.00%
- California - 5.80%
- Georgia - 3.40%
- Texas - 2.60%