Multifamily housing and apartments in Central Florida are filled to the brim, according to recent reports. Occupancy rates are at record highs.
“Seeing 97% means that units are jam-packed,” said Adam Couch, a real estate market analyst with RealPage, which did the study. This has coined the City Beautiful the best place to invest in real estate.
The younger generation of renters are changing apartment renting game. By renting longer and not as interested in buying a home as previous generations.
This high demand has led to a lucrative but competitive environment for managers and owners. Catering to these new renters means having advanced amenities, the newest technology, and trends.
Modern amenities are key to attracting and keeping tenants. Resort style swimming pools, gyms, and outdoor sporting areas are now the norm. It’s essential to figure out what amenities are worthwhile investments for your potential tenants. The latest trend includes rooftop decks, gated access, new kitchen accessories, updated flooring, outdoor balconies, and in-unit washer and dryers.
Upgrading individual units with a stylish modern feel can quickly improve the appearance. Even low-cost upgrades make a big impact. Replacing or resurfacing cabinets and new countertops can freshen and update the look of a kitchen. Outdated styles can make a negative impression.
You can’t make a second first impression!
Inviting exterior projects such as, new exterior paint or siding, walkways, outdoor living areas, playgrounds, pool area, and landscaping are great investments. Over time wear and tear takes its toll on every property and can make it look shabby.
Whether it’s a new construction or renovation, we make the experience enjoyable by taking you through the process of building and designing, to ensure your project has the look and feel you imagine.
The team at SWET Construction Group understands the changing technology. We identify the benefits and what will demonstrate the best return for your investment. We provide the proper equipment, design and prompt and superior service to all our projects.
With over 66 years of combined experience, we build trusting relationships with our clients as well as our network of suppliers. Give SWET Construction Group the opportunity to show how we can increase your profits.