Are you a property owner or manager wondering how to attract and retain high-quality tenants? 💼 Offering amenities can be a game-changer for your rental properties.
🏋️♀️ One of the most important amenities is an on-site laundry facility. If you have the space, add a laundry room. On-site laundry helps create a sense of community and encourages social interaction among tenants. This can increase tenant satisfaction, improve retention rates, and the additional laundry revenue will add to NOI.
🐾 Pet-friendly amenities can also be a big draw for tenants who have furry friends. Over 70% of renters own pets. Most property owners are not aware that there are benefits of having a pet-friendly property. Studies have shown that owning a pet can improve person’s happiness, well-being, and health. Renters who are pet owners are long-term happier tenants. Properties that allow tenants to bring their pets rent at higher rates. Three Pentacles, PLLC offers property owners a Pet Guarantee free of charge. we guarantee your property will not be damaged by any approved pet. We will pay up to $2,000 for damage. Visit our website for details.
📦 Other amenities like secured package delivery system, CCTV, and storage units can make tenants’ lives easier and reduce stress.
💰 While offering amenities can be an additional expense, it can also increase the perceived value of your property and allow you to charge higher rent. In many instances, the additional income from amenities can offset the costs of offering them.
🏠 As a property owner, your goal is to provide a comfortable and convenient living environment for your tenants. Offering amenities can help you achieve this and create a sense of community that can benefit both you and your tenants.
👨👩👧👦 Whether you own a single rental property or multiple units, offering amenities can help you stand out in a competitive market and attract and retain high-quality tenants.