How Much More Would Renters Pay for Bradyl Bins over traditional wire storage units?
Did you know that residents prefer Bradyl Bins™ over traditional tenant storage lockers? Recently, we conducted a survey to evaluate the needs and desires of residents when it comes to on-site storage at a variety of apartment communities. The results were remarkable. Only 85% of respondents preferred Bradyl Bins™ storage lockers and 13% had no preference. Of those that were interested in on-site storage, almost all respondents – 94 percent – noted that they’d be willing to pay an extra $5 a month to use Bradly Bins™ instead of traditional wire mesh lockers. In addition, one in five respondents noted that they’d pay at least $30 a month more for the opportunity to use Bradyl Bins™. What does that mean for your bottom line?
Of the respondents in this survey, 40 percent live in communities with more than 200 apartment homes on the premises. One of the best parts of Bradyl Bins is the return on investment for property owners. With 200 Bradyl Bins™ at an extra $5 a month charge, a property with a 100 percent rent rate could see an additional $1,000 a month toward the property’s bottom line. If residents are willing to pay up to $30 a month extra for Bradyl Bins over typical tenant storage lockers, that could mean an additional $6,000 a month in revenue for a 200-apartment property!
The fact is: Residents love Bradyl Bins™. Not only are they an economical option for on-site storage, Bradyl Bins™ are strongly preferred over traditional tenant storage lockers. Bradyl Bins are private, durable, damage-resistant, and can be customized to fit your specific property. Residents are always looking for additional storage space and providing on-site options can attract prospective renters over your competitors. Bradyl offers a variety of sizes and price points to fit your residents’ needs.
Bradyl Bins can provide your new apartment complex storage units or install storage for existing apartment properties. Contact us today to learn more about how your property can benefit from Bradyl Bins.
We were pleasantly surprised with the product delivered and service we received. The residents were happy to be provided with quality storage units as well as the income generated for our annual budget. We had a total of 15 units built in a quick, clean, and professional manner and as a result, we were able to generate revenue in our first year to pay back the investment cost. The experience far exceeded our expectations and we will continue to recommend Bradyl Storage Solutions with two thumbs up!”
CMCA, AMS, PCAM
CFM Management Services