When developing a residential complex, you’d want to dedicate as much square footage to living space. However, the COVID-19 pandemic has shown how much people clamor for fitness centers within their residential buildings. Today, having a fitness center in your building shouldn’t be an after-thought, but instead, an essential amenity. Likewise, the facility should deliver… Read more »
Planning a multifamily fitness facility used to be complex, and since 2020 it has gotten even more difficult. Consumers have changed their behavior, shipping companies are frequently delayed, and manufacturers are experience delays and pricing changes of their own. To navigate this new normal, here are some important considerations you should add to your planning… Read more »
The Importance of fitness centers for multi-family buildings It is safe to say the COVID-19 pandemic has changed just about every business you can think of. The residential/real estate business is no exception. Many businesses had to rethink their strategy given the strict rules regarding lockdowns and quarantines, just to stay in business. However, as… Read more »
Apartment complexes with world-class amenities are becoming more common. One of the most popular additions – and one with great power to command higher rent – is the fitness center. A fitness center, of course, is little more than a modern term for a gym: A place where members of your apartment community can go… Read more »
Fitness centers are part of the top ten amenities renters desire- this, according to a study by the National Apartment Association. Why? A fitness centers in an apartment complex brings the gym closer to you. You can enjoy your workouts at a lower cost and with better space than in a local gym. Lastly, a fitness center… Read more »
For tenants, a fitness center isn’t just a convenience – it’s key to a lifestyle. As the public health crisis approaches its endgame, tenants have spent months looking for safe and secure ways to continue their workouts. Many of them have cancelled their gym memberships: About 59% of Americans surveyed have no plans to continue… Read more »
Exercise has become more critical than ever during the COVID-19 pandemic. If you run a fitness center, you can still promote health and fitness by observing local, state, and federal guidelines. Fitness centers in hotels, apartment complexes, and corporate facilities were among the closed amenities during the pandemic’s first wave. However, the centers have since… Read more »
Real estate investing is one of the best ways to get passive income and build your nest egg. However, buying an apartment complex is no easy job. In fact, Brandon Turner from Bigger Pockets describes the apartment complex buying process as more involving than purchasing a single-family property. Although finances are often the main factors… Read more »
Even though the U.S. economy continues to improve, Americans are still house-shy thanks to the housing bust a few years ago. In 2017, Pew Research reported that more households were opting to rent instead of buying a home. The number of renters was at a 50 year high in 2017. Now, two years later nothing has changed…. Read more »
Apartment amenities are essential to maximizing rents and returns. Before investing in apartment amenities, it’s important to evaluate existing amenities and what could easily be added. Here are the top 5 apartment amenities to boost ROI and get the most for your money: Co-working Center: 43% of Americans work from home at least sometimes. Establishing a… Read more »