If you’re building or renovating a rental property, now is the time to starting thinking about commercial laundry equipment. If you’re on the fence about providing laundry equipment for your tenants, you’re not alone. Many property owners don’t think it’s worth the investment to provide laundry equipment to renters. However, if you dig a little deeper, you’ll find that offering laundry equipment at your apartments, condos, and duplexes can help set your properties apart and increase your overall success. Here’s how:
You’ll earn more money.
Washers and dryers can be a great source of additional revenue for landlords and property owners. More amenities mean you can set your rental rates higher and earn more from your tenants. In fact, research shows that apartments with in-unit washers and dryers command a 10% per month