Why Busy Professionals Invest In CoWorking CoLiving Real Estate

CoWorking CoLiving real estate is a booming industry, and for good reason. Professionals with little time to make investment choices should consider investing in this niche market for several reasons.

First, the demand for flexible workspaces and communal living arrangements is on the rise. According to a report by statistica, the number of CoWorking spaces worldwide is expected to reach 41,975 by 2024, up more than double from 19,421 in 2020.

Second, CoWorking CoLiving real estate has proven to be a profitable asset class niche. A report by the National Multifamily Housing Council found that CoLiving spaces generate roughly 20 percent higher returns on investment than comparable multifamily. Additionally, CoLiving spaces typically rent at 20 percent less for customers. That's because many big bills like maintenance can be split between multiple tenants under one roof.

Finally, the lifestyle benefits of CoWorking CoLiving spaces make them attractive to a wide range of tenants. Communal living arrangements foster a sense of community and provide opportunities for networking and collaboration. CoWorking spaces offer a professional, flexible workspace that allow tenants to work on their own terms.

Investing in CoWorking CoLiving real estate is a smart choice for professionals looking for a place to park their money hands-off and with great returns. The industry is growing rapidly, generates high returns on investment, and offers lifestyle benefits that appeal to a wide range of tenants. For a limited time, HomWork has a investment opportunity available to accredited investors who need to park their cash or retirement funds in a real asset. Schedule a time to talk with our team as early as today by clicking here!

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