In recent years, renovation of multi-family housing and apartments in the Southeastern United States has become essential for keeping up with green efficiency and getting the highest return on your investment. As rents increase throughout Florida and Georgia, tenants are expecting more for their money.
“Renters in the Orlando-Kissimmee-Sanford metro area are feeling a bit of a pinch in the pocketbook or wallet, as rents here rose 12.41 percent, while incomes only rose 9.48 percent between third-quarter 2009 to third-quarter 2014, a new study by the National Association of Realtors shows. So how does Orlando stack up against other Florida metros? Jacksonville saw rents rise 10.01 percent in that time period, Miami rents up 16.47 percent. Tampa, meanwhile, saw rents rise 12.89 percent,” according to a recent article in the Orlando Business Journal.
“Energy efficiency can make a huge difference in the bottom line for multifamily building owners,” said Kate Johnson, ACEEE senior policy analyst. “In addition to lower utility bills, owners have happier tenants because units are more comfortable. That means lower tenant turnover and higher occupancy rates, which also makes a big impact on cash flow for building owners.”
Renovations of your multi-family housing presents the opportunity to reduce your facility’s energy demand by installing energy-efficient insulation, doors, windows,fixtures, and appliances. Not only will this keep your operating costs down, it will make your facility more attractive to customers, tenants and patients. SWET Construction Group takes great pride an integrated approach to design and space planning for positive impacts not only for the building but also for the environment.
SWET Construction Group partners with owners of Multi-family housing to increase their return on their investment. We offer competitive pricing, innovative practices, clear communications and a trusted partnership. We also provide insights, essential data, news and extensive information to better inform their clients and strengthen their market position.