If you have commercial investment property then you may consider some ways to hike up the value. You can start with the roof which doesn’t have to be just a roof. Many people are turning their roof into sustainable gardens or even making it a place to socialize. You may also consider adding appliances like washer/dryer combos which is a huge sell for those that would prefer not to haul clothes to a laundry mat. Also a gym could be a possibility and quite popular along with a decent internet connection. Other smaller considerations could really bring up the value of your property such as doors, windows and even sprucing up the bathrooms.
- Rooftops can be versatile spaces to add value, so consider adding a hangout area or a sustainable garden.
- Adding a washer and dryer can boost the rent price by up to $300.
- Good internet is key, so be sure to provide community WiFi or at least make sure the building is wired for high speeds.
“Some properties even offer fitness classes like yoga and spinning. You can bring in personal trainers and instructors and simply let them advertise and take a percentage of any money they make without adding to your overhead.”