Renovations To Increase Revenue In Multifamily Housing

When owning or managing a multifamily housing community in Southeastern US, renovations were thought to be new flooring and a fresh coat of paint, but they have evolved significantly. Resulting in an abundance of benefits and high return on investment.

Renovations not only increase your tenants’ quality of living, it also escalates the interest in your property.

Choosing the best renovations for your property, that will generate significant returns, lies in a combination of upgrades that have substantial improvements but without high overhead costs.

SWET Construction Group specializes in finding the right balance for all clients. Rental growth and property value, is what we take pride in.

Renovating your multifamily housing

Improvements inside your units

Luxury renovations in your multifamily units add interest, especially in the kitchen and bathroom. For instance, the addition of granite countertops can change the entire feel of the unit, unique lighting and bold colors, also set your units apart from the competition.

Other upgrades include, in-unit washer and dryer, upgraded appliances, the newest technology in security and heating and cooling.

Sustainable Practices

Implementing sustainable practices can decrease utility costs and attract quality tenants.

The sustainability initiatives are growing quickly across the multifamily housing industry. In a recent poll, over 70% of renters said they are only interested in living in apartments with green practices or sustainability initiatives.  Which is up significantly from just a couple of years ago.

Units with low emitting materials for better indoor air quality are in high demand. These products contain low or zero volatile organic compounds in items such as paints, countertops, carpets, cleaning products, sealants, and adhesives.

Adding value to your multifamily housing

Today’s construction needs to balance performance with value. Cost effective construction that provides design versatility, sustainability, structural performance, and a low carbon footprint.

Whether you’re renovating an existing building or considering new construction, choosing the right construction group for your commercial project may not be as easy as it seems.

Ensuring the project runs smoothly, sticking to a timeline, and staying on budget, there is a lot that goes into running a commercial construction development.

The team at SWET Construction Group is experienced working with a variety of projects. We encourage you to check out our finished projects. We take pride in building relationships with our clients and maximize their return on investment.