More than half of all renters would pay more in rent if it meant having better closets. This fact comes from a closet research study that found renters are open to paying more for certain amenities, including ample storage space.
Renters will accept rental price increases between 1% and 10% to have upgrades that improve their lifestyles. Closet storage is among the most-requested rental home amenities, so upgrading units’ closets is a smart choice for landlords and property management companies.
The Perception of Luxury in Rentals
One of the biggest buzzwords in modern renting is “luxury.” It seems that every renter wants a luxurious space where they can live a comfortable lifestyle. In today’s rental market, even modestly-priced units are expected to have a certain level of lavishness.
You’ve probably heard renters request features like walk-in closets, granite countertops, stainless steel appliances, and in-unit laundry rooms. All of these features are among the top 10 most-requested rental features, and extra closet space is number 8 on the list.
Anything you can do to improve the quality and livability of your rental units will have a positive impact on renters’ perceptions. Renters are willing to pay more for things they consider luxurious, meaning you can charge more for monthly rent and build the value of your rentals.
Benefits of Better Closets in Your Rental Units
The easiest, fastest, and most affordable way to install better closets in your rental properties is to opt for wholesale buying. Wholesale closets are ideal for multifamily dwellings like apartments, condos, housing communities, and rental homes.
Benefits of installing wholesale closets include:
- Increasing the value of your rental properties and contracts
- Improving renter satisfaction
- Affordable, reliable pricing
- Easy online ordering
- Scalability for any size or number of multifamily housing units
- Fast speed from ordering installation, usually within weeks
- Flexibility in ordering the right quantity and style
- Return on investment (ROI)
When you choose the right closet provider, there are no hidden fees, no wasted time, and no unexpected costs that come with ordering and installation. A reliable wholesale closet company also provides high-quality, durable closets that will last for decades to come.
Better Rentals With Better Closets
To install better closets in your rental units, start your online order through ClosetParts.com. Select your required closet specs according to your rental units, sizes, styles, and quantities.
With ClosetParts.com, orders usually ship within 7 to 10 days and can be delivered directly to your job site or rental property. Rush and custom orders are available upon request. Installation is easy and can be accomplished by a professional installer or your designated installer with the help of our handy installation videos.
Landlords love easy closet upgrades that keep cost and hassle to a minimum. And it’s easy to see why half of all renters would take a rental price increase to enjoy better storage in their homes. Better closets benefit both you and your renters, so upgrade now to start enjoying the benefits!
Start Your Order Online or call 1-877-C-Parts1 (1-877-272-7871)