{"id":3768,"date":"2021-09-09T12:17:32","date_gmt":"2021-09-09T12:17:32","guid":{"rendered":"http:\/\/www.swetconstructiongroup.com\/blog\/?p=3768"},"modified":"2021-09-09T12:17:32","modified_gmt":"2021-09-09T12:17:32","slug":"florida-multifamily-housing-top-renovations-investments","status":"publish","type":"post","link":"http:\/\/swetconstructiongroup.com\/blog\/florida-multifamily-housing-top-renovations-investments\/","title":{"rendered":"Florida Multifamily Housing Top Renovations & Investments"},"content":{"rendered":"

For those in the multifamily housing in the Southeastern United States, having the right amenities can mean less vacancies and higher rent. Building Design & Construction <\/a>list the top amenities according to the latest research.\u00a0<\/span><\/p>\n

The latest iteration of MFDC’s research, the 2021 Multifamily Amenities Study<\/b><\/a>, ranks the top 131 amenities that developers are providing in today’s apartment and condominium communities. A total of 342 industry professionals completed the online, 11-question survey over a four-week period in February\/March 2021.<\/p>\n

The makeup of respondents includes architects\/interior designers (34.9 percent), developers\/owners\/property managers (30.5 percent), construction professionals (21.4 percent), consultants (5.0 percent), engineers (3.2 percent), and others allied to the multifamily housing field (5.1 percent).\u00a0<\/span><\/p>\n

Top 10 Trending Outdoor Amenities<\/strong><\/h4>\n

\"\"Fire Pit\/Grill\u00a0<\/span><\/p>\n

Lounge Area<\/p>\n

Covered Parking<\/p>\n

Rooftop Deck\/Terrace<\/p>\n

Pool<\/p>\n

Garden Walk – Walking Path<\/p>\n

Storage Outside the Unit<\/p>\n

Community Outdoor Kitchen\u00a0<\/span><\/p>\n

Cabanas<\/p>\n

Community Garden Urban Farm\u00a0<\/span><\/p>\n

When\u00a0it comes to updating your multifamily housing, the company you choose to make upgrades and renovations can maker break the success of the development<\/strong>.<\/h5>\n

A key note to remember, not all renovations are the same. While upgrades are necessary, it is important to plan them carefully, some will allow you to increase rent, while others can be costly mistakes.<\/p>\n

\u201cThe key to pinpointing the renovation \u201csweet spot\u201d is to perform an exhaustive amount of due diligence, experts say. Owners should study the success of other recent renovations in the submarket and dig into the overall performance of their competitive set to see which amenities and unit features are pushing rents. Comb through data like median incomes to see if residents can pay the targeted rent growth. In short, owners should examine and factor in every conceivable bit of market intelligence and data they can find.\u201d Multifamily Executive\u00a0<\/a><\/p>\n

It is important to do your homework, taking into account all the pros and cons. But it takes a lot of time and knowledge, who has the time? That\u2019s why partnering with SWET Construction is a great choice. We do all the homework for you. Taking into account the Return on Investment.<\/p>\n

Renovating common areas and upgrading amenities before tackling individual units will build interest and allow tenants to see the benefits.\u00a0From the design phase of a quality multifamily apartment to construction, SWET Construction Group<\/a> uses next generation process and products to produce housing at a reasonable cost.<\/p>\n

We help your project, whether it is new construction<\/a> or renovations<\/a>, by ensuring it gets off the ground smoothly, remains on budget and is completed on schedule, and with superior quality.<\/p>\n

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Florida, Georgia, North & South Carolina, Orlando, Clermont, Lake Nona, Deland, Leesburg, Melbourne, Winter Garden, Kissimmee, Oviedo, Sanford, Lake Mary, Longwood, Tampa, Jacksonville, Tallahassee, Gainesville, Miami, Ft Lauderdale, Ft Myers, <\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[292],"tags":[242,144,293,257,261,164],"_links":{"self":[{"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts\/3768"}],"collection":[{"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/comments?post=3768"}],"version-history":[{"count":9,"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts\/3768\/revisions"}],"predecessor-version":[{"id":3782,"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts\/3768\/revisions\/3782"}],"wp:attachment":[{"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/media?parent=3768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/categories?post=3768"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/tags?post=3768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}