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Tag: studio apartments

Studio apartments can be a challenge for commercial property owners. But with a few simple tips you can make renting these units easy and profitable! Sometimes the size of a smaller apartment can make it seem undesirable and expensive, but there are some tricks to make your studio apartment more marketable to renters. For example, smaller appliances like refrigerators or stoves can save space in a small kitchen. Many urban dwellers and college students prefer to eat out, so full size kitchen appliances are not always needed. Smaller or stackable washer and dryer units can also be appealing for people who don’t want to use the laundromat. Adding shelving units to your commercial property unit can also increase storage for prospective tenants – always a desirable feature in a small space. If you are near public transit, implementing green technology, or providing a furnished apartment be sure to include those selling points in your description! Needs of young and urban renters can be quite different in this millennium – be sure to capitalize on them and rent your studio apartments!

studio apartments
Energy Savings & Money Savings

How to Market an Apartment: Making Small Studios Appealing

Turn a hard-to-market small studio apartment into a high-demand property with simple tips to boost the appeal.

Small studio apartments are often thought of as challenging units for property owners to fill. Striking the right balance between affordability and profitability is the challenge to finding tenants, but if the space is marketed correctly, the pool of potential renters opens up significantly. Proper marketing requires capitalizing on a product’s appeal. Small spaces offer many advantages for smart renters. All it takes is basic marketing prowess and thinking outside the (small) box.

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furnished apartments
Apartments & Property Management, Industry News & Tips

Furnished Apartments: Good Idea or Bad Idea?

Is the extra money and effort it takes to furnish an apartment worth the work?

Property owners often make tough decisions as to what perks they offer their renters. For many years, utilities-included rental options (heat, energy and water) were a competitive advantage. Nowadays, additional specialized markets have arisen to address more specific renter needs (like small-space studios), so property owners must adapt and offer new services to fit these changing market needs. One such marketplace is fully furnished apartments. Some renters don’t want the hassle of moving furniture into an apartment or worrying about choosing décor. Others have temporary situations, like work or school, which makes a fully furnished apartment very appealing. But is the the extra money and time it takes to furnish an apartment worth it for landlords?

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