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Theo Hicks
  • Rental Property Investor
  • Tampa, FL
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Value add opportunities for apartments buildings: List of Ideas?

Theo Hicks
  • Rental Property Investor
  • Tampa, FL
Posted Mar 7 2017, 05:39

Hi! I am compiling a list of all the potential value-add opportunities for multifamily rehabs and renovations with the goal of increasing rents. Here is what I have so far: 

  • Add wash and dryer units
  • Stainless steel appliances
  • Update light fixtures
  • New hardware for bathroom (cabinet, sink, shower)
  • New hardware for kitchen (cabinets, sink)
  • Build a fence around ground floor patio 
  • Build carports
  • RUBs program
  • Charge for garbage pick-up
  • Amenities based on demographic (soccer field, BBQ pit, etc.)
  • Adding an extra room

For other multifamily investors out there, what are some ways you've added value to an apartment to raise rents?

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