The phrase "occupied unit" refers to a space or area that is currently being used or lived in by someone.
Sentences with «occupied unit»
Some of that should take shape on its own as it will continue to be much easier to finance owner occupied units in the building rather than investment. (biggerpockets.com)
It could be from more occupied units in our building or the noise has gotten louder - I don't think is all that relevant. (biggerpockets.com)
While the resident does not own his unit, he has an absolute right to occupy his unit for as long as he owns the stock. (foundationmortgage.com)