Managing a multi-unit rental property involves various challenges, from attracting desirable tenants to maximizing rental income. Upgrading your units can be a game-changer in attracting and retaining high-quality renters throughout multiple lease cycles. Fortunately, making impactful improvements doesn’t have to break the bank. Here are eight worthwhile upgrades to enhance the look, functionality, and resale value of your property:
New Interior Doors
Elevate the appeal of your units with modern interior glass sliding doors. These functional and visually appealing additions are perfect for smaller spaces, as they require minimal floor space. You can customize sliding glass doors with various levels of opacity, making them suitable for bathrooms, bedrooms, closets, and more.
Wood Flooring
Bid farewell to outdated carpeting and opt for wood flooring. Tenants love the durability and timeless elegance of wood floors. Whether you choose traditional wood, engineered wood, or faux wood laminate, this upgrade will significantly boost your property’s allure.
Backsplashes
Enhance the kitchen and bathroom areas with contemporary backsplashes. Ready-to-install interlocking tile mosaics on mesh backing make this upgrade a cost-effective and effortless way to elevate the look of your units.
In-Unit Laundry
Offer convenience to your tenants by adding in-unit laundry facilities. Laundry machines are highly sought after amenities, and tenants are willing to pay more for them. Consider stackable units for smaller spaces, and conceal them with sliding frosted glass doors for a sleek finish.
Lighting
Modernize your units by upgrading lighting fixtures. Replace dated chandeliers with multi-light pendant fixtures, swap fluorescent strip lighting with dimmable recessed lighting, and choose contemporary vanity light fixtures for the bathroom.
Upgraded Appliances
Invest in quality stainless steel appliances, including a refrigerator, built-in microwave, and range. ENERGY STAR-certified appliances not only enhance your property’s appeal but also contribute to greater energy efficiency and increased rental value.
Reface Kitchen Cabinets
Instead of costly cabinet replacements, opt for cabinet refacing or refinishing. Solid wood door fronts, fresh paint, and stylish hardware can transform the look of your kitchen cabinets without breaking the budget.
Landscaping
Don’t underestimate the power of curb appeal. Well-maintained landscaping, with flowering trees and shrubs, can attract high-caliber renters and reduce vacancy rates. Ensure common areas are in good condition, promoting safety and appeal.
Space Plus: Interior Door Solutions for Multi-Unit Residences
For efficient and stylish interior door solutions, consider Space Plus, a division of The Sliding Door Company. Our customizable interior glass doors and multi-family loft dividers maximize square footage and elevate the look of your apartment units. With a wide variety of designs, glass types, locks, and frame finishes, our team can help you achieve your desired aesthetic.
Explore our gallery for inspiration and discover how our glass partitions and sliding glass doors can transform your multi-unit residential property. Let us assist you in creating spaces that attract quality tenants and elevate your property’s overall appeal. Contact us now for a free quote.
