What are you seeing in turnover for 1/1 vs 2 and 3 bedroom units?

[Mitchell Pollard]

I’ve been looking at some apartment deals and for some reason 1/1 units aren’t as attractIve to me as 2 & 3 bedroom units. One reason obviously beIng that you get more rent for more bedrooms. But in regards to turnover, what are you guys seeing? Are 1/1s getting more turnover than 2 & 3 bedrooms?

[Tj Hines]

@Mitchell Pollard I feel that 1/1s have more of a transient tenant base. It really all depends of the demographics in the area as well. Such as the avg persons per household. 1/1s can be profitable as well, but you have to make sure the demographic matches up to the unit mix for that area. Hopefully this makes sense