Multi-Housing

Good landlords understand that success comes when you find responsible tenants and keep them happy — which leads to occupied units and consistent rent checks. That means your rental units have to outshine your competitor’s vacant apartment down the street. There’s a lot that makes a rental property desirable, but laundry is one of the top amenities today’s renters are looking for when searching for a place to live. While you may not be able to offer in-unit laundry to every tenant, having a proper communal laundry room can still help set you apart. If you’re planning a new apartment complex or upgrading a current facility, here are some tips to help you wow renters with a community laundry room in your apartment complex.

1. Keep it clean.

We can’t stress this one enough. We understand that you’re busy and have

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

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