What Can You Do
Apartment Owners and Managers
As an apartment owner or operator, you have the responsibility to provide your residents with the amenities they desire. For years, common-area laundry rooms have ranked high among amenities on resident surveys, and owners learned that the convenience of having a common laundry room on property (or in the building) draws residents and may increase their occupancy For Full StoryIn the past 10 years, many owners have taken the additional step of including hookups in the apartment unit. While this trend grew, so did the amount of water being used and owners saw their water bills increase dramatically. However, most apartment owners remain unaware of the significant water waste by residents who have in-unit washing machines.
As water and energy conservation becomes an increasing important issue for the majority of the nation, apartment owners and operators are reviewing a variety of conservation methods to make their properties greener. The common-area laundry room is one of them and the benefits for owners include:• Lower Equipment Costs – By providing common-area laundry rooms, you avoid the substantial capital outlay required every five to seven years as in-unit machines wear out.
• Lower Maintenance Needs – Common-area laundry rooms allow you to avoid the maintenance associated with residents moving heavy washers and dryers in and out, maintenance on the machines and structural, mold and flood damage caused by leaks.
• Increased Property Valuation – A common-area laundry room done right can increase your property valuation considerably.
• Green Status – Various organizations and municipalities reward sound conservation practices for multifamily properties. Utilizing a common-area laundry room is often one of the considerations in earning this "green" status.
• Rebates and Incentives – Many municipalities offer rebates and incentives to property owners that utilize common-area laundry rooms.Installing or retrofitting your common-area laundry room does not have to be difficult. In fact, here are a few resources that will guide you through the process and show you how easy and cost efficient this project can be.
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