Properties in GTA V

Properties are available to purchase in Grand Theft Auto V to either generate income, or to provide storage for vehicles. Purchasing businesses will also unlock the property management side missions for some establishments.

Availability
Most properties will be available to be purchased after completing Trevor's mission Nervous Ron.

Tequi-la-la becomes available to purchase after Trevor completes the Vinewood Souvenirs - Willie mission.

The LSPD Auto impound becomes available to purchase after completing all the Tonya Wiggins's Strangers and Freaks side missions.

Benefits from owning properties

 * Downtown Cab Co. will allow Franklin to use taxi services free of charge.
 * McKenzie Field Hangar will provide Trevor with ground and air arms trafficking missions, as well as a Cuban 800 and Dune Buggy to use (but only during the trafficking missions).
 * Sonar Collections Dock will allow Michael to unlock and play his Strangers and Freaks mission, Death at Sea.
 * Los Santos Customs will give Franklin car customizations for free. This only applies to the branch he owns on Route 68.
 * Los Santos Golf Club will allow the players to play golf free of charge.
 * Vanilla Unicorn will allow all the characters to touch the strippers while having a private dance. Trevor will also have private dances and drinks free of charge. This is the only obtainable business property that also doubles as a safehouse (for Trevor).
 * The LSPD Auto Impound will provide Franklin with a Tow Truck as working vehicle.
 * The Airport Hangars will grant Michael and Franklin clearance to enter the airport's tarmac, thus won't get a wanted level from getting in.
 * Each character can own a dock at Puerto Del Sol Marina simultaneously.

Trivia

 * Franklin has the option to buy most properties as him only, with 4 only available to him. Michael is second with 3. Trevor is the lowest with two.