Thee Design Trends Shaping Multifamily Buildings in 2022

Multi-family homes and buildings have always been an affordable and effective residential choice for most people. Students, single families, and groups of two to three individuals often prefer renting units from multi-family buildings because of how cost-effective, comfortable, and luxurious they are.

High demand for these spaces often allows real estate investors to make multi-unit building investments for a healthy passive income. However, investing in and generating revenues from such investments require you to be on top of the latest design trends that make these buildings valuable and attractive.

Adopting the latest trends and choosing the right property management services can significantly help you justify a higher rental price to your tenants. If you’ve recently invested in a multi-family building, consider the following design trends to make your property stand out in the market.

Gym Memberships

The COVID-19 pandemic significantly transformed most people’s quality of life. With home workouts being normalized, most people hesitate to return to gymnasium facilities that are long distances away from their homes. 

 People living in multi-family building units often wish for these buildings to offer gym memberships that they use to access an in-house gym. The full-service gym is a massive design trend that instantly makes a multi-family property luxurious and valuable.

If your building is located in an area with extra gym space, you can always use it to build a gym that caters to the residents living in your building. Charging a monthly gym fee will ultimately increase your income and give you instant investment returns.

Home Office Spaces

Another design element for multi-unit buildings is that of creating home offices. People with kids often prefer working from home. However, when residential units have limited space, they’re unable to be as productive as they want to be. 

You can always help your tenants by offering at-home office spaces within residential units to promote a better remote working atmosphere. This is a significantly new concept that many designers and investors are adopting. 

Many luxury vacation rentals and short-term rental homes come with these spaces to offer flexibility to people constantly working remotely. This can undoubtedly be one of the most value-adding features of your rental property.

Pet-Friendly Spaces

Lastly, creating a pet-friendly community is one of the best design strategies you can employ for your multi-unit building. Many tenants struggle to find apartments and condos that effectively meet their pets’ needs. However, suppose your building is designed to accommodate pets and offers amenities like grooming services or walking spaces. In that case, there’s a high chance of you enjoying a higher tenant influx than usual.

With the number of opportunities investments come with, you can always connect with our experts at Inter Properties to make the most out of them.

With over 25 years of property management experience, our real estate firm can assist you throughout the multi-unit investing process.