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Updated almost 5 years ago on . Most recent reply

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15
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Harish Nandipati
  • Investor
10
Votes |
15
Posts

Need Advise on Laundry Room

Harish Nandipati
  • Investor
Posted

I am doing my first MFH construction. It’s a small 24 unit 1B,2bed and Studio mix . 

What is recommended for laundry in this low income to middle class housing .. where rents are any where from 550$ for studio to 1000$ for 2bed/1 bath ? My goal is to get the Max rents and limit the maintenance.

1. Install Washer and dryer for every unit( Lot of capital and not sure whether capital costs and Maintaince is proportional to or more than rent increase I could get)

2. Laundry room with washer an dryers( ideal but would this make the apartment less appealing to tenants )

3. Washer and dryer hook outs for every unit and have the tenants bring or buy their own washer and dryer ?


Thanks for your input.

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