Renovations and upgrading of multifamily housing can expect to generate a significant rent increase. Recently a property upgraded their garden apartments with six inch baseboards, two tone paint, maple kitchen cabinets with brushed steel finishes. They were also able to raise the rent by a $110.00 a month, which ended up giving them a return… Continue reading Multifamily Housing Renovations With the Biggest Rent Hikes
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Florida Multifamily Housing Construction; High ROI
There are many reasons to invest in Multifamily Housing in 2022. Besides being very profitable for investors and high demand, there are a few trends that will be shaping the new year. A recent study commissioned by the National Multifamily Housing Council and National Apartment Association shows there will need to be at leas 4.6… Continue reading Florida Multifamily Housing Construction; High ROI