Everyone has to do laundry, so it’s no surprise that laundry services are one of the top amenities that renters are looking for. When building or updating a renter property, landlords can often struggle with whether to offer a community laundry room or provide in unit laundry services. Let’s take a look at the pros and cons of each to help you figure out what might work best for your property.
Pros of Community Laundry Rooms
- They require fewer machines than putting one in each apartment, which means lower initial costs for investors and lower ongoing utility costs.
- They can be a hub for residents and foster a sense of community in the facility. That sense of community can lead to less tenant turnover and increased safety in the building.
- You can charge residents to use the machines, which provides an additional income source.
- Add vending machines in the community laundry can also provide additional revenue opp
