Renters today have high expectations when it comes to living in multifamily housing. It is important for them to have the ability to customize and manage their interaction of the home. As well as, an environment that caters to their lifestyle.
Tenants want a living space that reflects their passions and interests, this could be rooftop living area with great views, modern fitness center, relaxing common areas, and a pet friendly environment.
With busy lives, convenient features can increase renters satisfactions, boost ROI, and drive resident retention. Such as, time saving amenities, smart home technology and third party package management
Retaining and Attracting Residents
High End Amenities
Renters today come in all ages, but they all expect a higher level of amenities. Not only top notch kitchens and bathrooms, they are looking for laundry and dry cleaning delivery, dog walkers, car and dog washing stations, top of the line pools and workout facilities.
Up-Dated Design
Renters will also be looking for more distinctive and creative design of multi-family housing. Millennial, who make up a good percent of renters usually people between 20 and 30 years old, are attracted to a ‘personal brand’.
Fitness Centers
Fitness centers have also gone to the next step, no longer is a few treadmills looking over the parking lot acceptable. This area now has a relaxed holistic feel, with the latest equipment, yoga room and social areas.
Smart Home Technology
Smart home technology has really gained momentum with the newest smart devices. Thermostats that can be controlled via the tenants smart phone, turning the thermostat just a few degrees higher on a warm summer day and have it nice and cool when they get home is a very attractive selling point to new tenants. Smart door locks that can open the door by simply pressing an app on their phone. Lights can also connect to the smart phone, the tenant will be able to turn on or off the lights with just a push of a button on their phone.
SWET Construction group is a leader in the industry for big construction projects, cutting edge building technology and the latest trends, don’t hesitate to call us 321-594-5569, for your next project.