Which property offers the least stability in terms of occupancy?

Motel rooms offer the least stability in terms of occupancy because they are designed for short-term stays, typically catering to transient guests such as travelers and tourists. The occupancy rates for motels can fluctuate significantly based on seasonality, local events, and travel trends. Unlike long-term rentals, which generally have lease agreements that secure occupancy for an extended period, motel rooms operate on a nightly basis, making them subject to rapid changes in occupancy levels.

In contrast, long-term rentals provide more stability as tenants typically sign leases that last from several months to years, ensuring a steady income stream for landlords. Industrial properties, while also having variability, tend to have longer-term leases compared to motel rooms. Investment properties may also provide stable income but their performance is often linked to the specific use and market conditions; however, the fundamental structure of motel rooms inherently allows for the least predictability and stability in occupancy due to their transient nature.