Micro-Unit Trend Spreads to Smaller Markets

National Real Estate Investor, Jan. 31, 2017–Bendix Anderson
For many decades, few developers thought to build micro-unit apartments except as single-room occupancy properties for very low-income people. Today, however, with a apartment vacancies in the low single digits in many metros, developers are investing in such properties, often including fancy amenity spaces to offset the very small living spaces.