The Top 4 Multifamily Amenities to Attract Millennial Tenants

Property managers are seeing that and changing the way they operate. Property management isn’t just maintenance calls anymore. Now, they are looking for new, innovative, and sometimes back-to-basic ways of giving tenants what they want.

1. Community Engagement

Today’s tenants want a sense of community in their apartment building. Property managers can host events to bring the community together in addition to having community space. Host a wine tasting in the lobby, a super bowl party, or a yoga class. Take old space that is no longer used and convert it to a BBQ area. Property managers have the opportunity to foster relationships and comradery with residents, and that is exactly what they are craving.

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2. Pet-Friendly

According to petfoodindustry.com, 84.6 million millennials have pets. Of that group, 63% think their pets should be pampered. Residential buildings that cater to pets will have an advantage for millennial tenants (the biggest renter market). If the building has open space, consider making it a dog park area where owners can let their dogs off leash for some fun. When 70% of people who live in apartments have a pet, you want to capture that market by catering to them. Other pet-friendly amenities include on-site grooming, boarding and pet sitting, in-house dog walkers, indoor/outdoor dog parks, and more.

Originally published at www.femoran.com.