Often times, apartments in metro areas may be a little more compact than suburban options. Location, location, location right? Just because your units may be small in square footage doesn’t mean that they can’t have mass appeal. With a little creativity, you can optimize the space so your residents can still have everything they desire. Here are some suggestions for renovations you can make to maximize the space available and help keep your property at max capacity.
When you’re living in a small space, often rooms take on multiple purposes. Something you can do to maximize the space is offer flexible design elements like a rolling kitchen island or dining table or a murphy bed. By utilizing these options, tenants can turn the kitchen island into a work area when the bed is put away or use it for other uses. The key is to create a space that is flexible and easy to adjust based on your tenant’s needs at the time.
Smart Storage Options
Storage options can be really tricky when you’re upgrading a small space. This is often a major concern for people when it comes to a small space. When thinking about upgrades that will appeal to tenants, consider smart storage options like built-in shelving and cabinets. By showing them the options that have been built-in, you will be able to help them visualize where they could keep all of their belongings.
Another option to consider for your property is offering communal options like a storage room or bike room. These are other features that will immediately relieve any stress over not having enough room for belongings.
Compact appliances can be a great way to maximize the kitchen space available. By cutting down on full size refrigerators or ovens, you may also be able to upgrade the spaces to include modern amenities like dishwashers that are more standard in suburban rentals. Another great option is designing a kitchen space with a built-in microwave. In small kitchens, finding space for a microwave can be tricky since countertop space is often small and you also don’t want to block off one of the few cabinets.
Smart Privacy Options
Another way to maximize space for smaller units is by integrating features like pocket doors into rooms. This can help provide privacy options in between rooms without taking up precious space or worrying about a door blocking part of the room.
More than anything, the thing to keep in mind when it comes to upgrading small rental units is to do so thoughtfully. By creating a space that serves the needs of your tenants plus provides upgraded amenities not only will you have better luck filling vacancies at your property but your tenants will also be more likely to continue to rent with you. If you need help remodeling or making the most out of your units contact us today!