If you're a property investor interested in maintaining high occupancy and potentially longer-term tenancies, it's essential to put in the work. Providing appealing interior spaces is a crucial part of this, but for multi-unit residences, the external features can also play a big role. Here are five outdoor features you should consider investing in if you want to maintain good occupancy rates.

Barbecue/Picnic Areas

Many people enjoy outdoor dining, but this can be difficult to do for people living in apartments or condominiums. Providing barbecue and/or picnic areas goes a long way toward addressing this in such a situation. This provides a lot more versatility for these types of residences and adds another living enhancement that can greatly appeal to current and future residents.

Guest Parking

Another feature that is often a welcome addition for residents is having guest parking available. Most people will have family, friends, and other loved ones who will be regularly visiting. Having parking available for this is often a sensible idea. In addition, visitor parking is often something you will make use of yourself when other services, such as maintenance, plumbing, or HVAC, need to visit and bring a lot of equipment that would be safer on or near your property while they work.

Fitness Center

There is now much more awareness and desire for good health and physical fitness. Providing a fitness center on residential grounds is often a huge draw for people. Smaller residences like apartments can rarely afford to sacrifice living space for larger exercise equipment, such as ellipticals. However, a dedicated fitness center with a spectrum of different types of exercise equipment and gear is often a deciding factor for people when trying to weigh their options about where they want to live.

Dog Parks

If you've decided that your property will allow pets, particularly dogs, then having a dog park on the property can often be a big draw for dog-owning residents. A properly maintained dog park can be crucial for providing a space that both provides safety for dogs and allows them to run off-leash. Most responsible dog owners will be looking at places near dog parks so they can allow their pets to enjoy some off-leash time. If you have such a zone on the property itself, this makes the decision so much easier for them.

Swimming Pools

Finally, while a swimming pool can be a controversial addition to a detached home, it is often a big attraction at multi-home residences. Swimming pools can do triple duty as a place of recreation, exercise, and even eating and socializing. If you want to create a space where residents and their guests can interact with each other, a pool area can often be one of the best spaces to achieve this.

Being selective and choosing outdoor features with a broader appeal has a higher chance of attracting and retaining more occupancy. If you want to make sure you're getting the most out of your residential property investments, contact Occupancy Solutions and let us help.