Are you confused as to why not many people have shown an interest in renting one of your newly constructed apartment units? Although the apartment community is new, there might be aspects of it that renters are not attracted to. For example, the location of the complex is one of the things that potential renters are possibly concerned about. It is a good idea to take a walk around your complex to pinpoint the things that are creating possible problems. After reading through this article, you will have a general idea of changes that can be made to attract more renters to your new apartment community.
Put Up a Commercial Fence
If your apartment community isn't in the most ideal area of the city, it can be the reason why there is a lack of interest from potential renters. You must take measures to make the complex safer, and in a way that it is noticeable by people that drive or walk by. For instance, putting up a commercial fence is a great way to secure your apartment community in a way that can be noticed by potential renters. Choose commercial fencing that is made if a strong metal like iron, as well as can add visual appeal to the complex. Don't forget to hire professionals to install the fence, as doing amateur work can deter potential renters away from the property.
Offer a Move-In Special
Have you been trying to get renters to no e into your apartment homes at the full rental price, plus pay a large deposit? It is possible that potential renters feel as though your apartment homes are priced too high. Rather than charging the full rental price, it is wise to run a move-in special as a way to start getting new tenants. For instance, you can discount the first month of rent or waive the deposit for all approved applicants. Hiring a property management company is a good way to find tenants as well.
Make the Complex Family-Friendly
Is your apartment community located near schools and a neighborhood? If so, it is likely that the complex is in an area that has a large number of families. Try to make your complex look more family friendly to see if it leads to more potential renters showing an interest. Getting a playground constructed for kids is a great way to create a family-friendly environment.