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Jonathan Makovsky
  • Investor
  • Fairfield-New Haven-Hartford County, CT
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Thoughts on Student Rental Appliances: Black vs Stainless Steel?

Jonathan Makovsky
  • Investor
  • Fairfield-New Haven-Hartford County, CT
Posted

Any thoughts on getting stainless steel (SS) vs black appliances for student rentals?

I was leaning more towards black appliances since it will (likely) be more aesthetically durable; especially considering that since it's a student population and we will likely not have one long-term tenant.

The flip side is that SS is popular and I think students will appreciate having SS (as long as it shows nice) and we might be able to squeeze a few extra rent dollars marketing the place.

Thanks in advance for your input.

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Mike Wood
  • Developer
  • New Orleans, LA
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Mike Wood
  • Developer
  • New Orleans, LA
Replied

@Jonathan MakovskyThe price difference between black and stainless is not that much, but perspective tenants around me prefer the stainless.  I know on BP this is not a popular selection.

I have units near a university, and sometime rent to students (not always, as the turnover is higher), and the stainless does get the wow factor, and allows me to rent fast and at or near the top of the area.

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