3 Ways to Create Additional
Apartment Storage for Residents
Additional apartment storage can help multifamily properties stand out in a competitive market. When prospective residents compare communities, convenient on-site storage for apartments and condos can become an amenity that influences their decision, giving them additional space for bikes, skis, seasonal items, and other belongings.
But additional storage isn’t just a benefit for tenants. It can also give property owners and managers a competitive edge while enhancing the resident experience. Here are three common ways to create additional apartment storage for residents and determine which option works best for your property and tenants.
#1 Affiliate Off-Site Storage
Some property owners choose to partner with a local storage provider instead of installing on-site storage. While these partnerships may offer tenants a small discount, they don’t provide the convenience of storage located within the community.
Cons
- Your property value doesn’t increase
- The affiliate storage company pockets the income
- It’s a challenge to compete with multifamily living that offers additional storage for residents
Offering an affiliate storage discount to tenants puts their experience in the hands of another business and can tarnish your credibility. Tenants want to know they can trust you and your affiliates with their belongings. Is it worth the risk to promote off-site storage?
#2 Wire Mesh Storage Lockers
According to a survey conducted regarding the needs of apartment and condo tenants, the majority of respondents claimed they would likely put household appliances and furniture in onsite storage facilities- onsite storage is typically wire cages.
The majority of respondents in the survey stated they either own or rent an on-site storage unit. 61 percent of these respondents admitted they worry someone might steal items from their wire storage cages.
Also, 73 percent of respondents said they simply don’t like the fact that people can see their belongings in traditional wire mesh storage lockers, reducing the privacy residents expect from secure and durable multifamily storage units.
Cons
- Greater exposure to rats and the elements
- A lack of privacy
- Dirt and dust
- Increased likelihood of theft
- Looks outdated and lacks sophistication
#3 Bradyl On-Site Storage Solutions
Residents value privacy, security, and an efficient way to store seasonal items, recreational equipment, and household belongings. Bradyl provides secure and durable multifamily storage units designed specifically for apartment and condominium communities.
Space is never an issue for Bradyl. Bradyl Bins storage unit sizes are customizable, and the wire mesh tops allow access by existing lighting and fire suppression systems. Bradyl Boxes are freestanding, secure, economical storage lockers that provide easily-accessible storage above the hood of your residents’ cars in the parking garage.
Bradyl Storage Solutions wants the best for you and your residents and our on-site apartment storage options continue to be the top choice for hundreds of multifamily properties. The Bradyl advantages are obvious.
- Privacy and security for residents
- Convenient 24-hour access
- Over-the-hood parking garage storage
- Cost-effective storage options
- Customizable storage configurations
- Additional amenity with ROI potential
The Value of On-Site Apartment Storage
Apartment tenants’ length of stay at a property can vary greatly, from a minimum stay of one year to long-term residency lasting more than ten years. With the exception of job or relationship changes, amenities can often make the difference between a long-term resident and someone who stays for only a year before moving on. The cost of rent is no longer the only deciding factor. Residents are looking for convenience, variety, options, and value. Communities that offer practical amenities like on-site storage for apartments and condos can better meet resident expectations while creating a more competitive leasing experience.
ApartmentGuide has surveyed thousands of the most successful multi-family apartment complexes in search of the ideal apartment amenities to better understand what attracts and keeps tenants happy. Tenant storage options are an absolute must-have.