Multifamily Amenity Trend Forecast
Team Gage
COVID-19 forced many companies to a remote work model and this trend seems to be sticking. Microsoft joined the ranks of Twitter and Apple announcing employees can choose to work from home permanently and now other Fortune 500 companies expected to follow suit.
A large portion of the workforce in the US are digital nomads who can live anywhere in the country and research shows a population uptick in Texas and Arizona and multifamily investors are in a great position to reap the benefits.
What amenties will trend in 2021?
Pet Wash Stations
Pet wash stations offer great ease to residents working from home.
Open Air Fitness Centers
Give residents the space they need to work out and safely socially distance - with open-air work out stations and equipment that is distanced.
Co-Working Spaces
Residents who now work from home will appreciate a community space they can reserve for privacy.
Upgrade In-Unit Technology
Smart home locks, thermostats, and USB outlets offer sleek upgrades for residents at home and add value.
Easy-to-Disinfect Unit Finishes
Quartz countertops are a great upgrade to multifamily units and are easy to disinfect.
Installing vinyl throughout units gives a more cohesive look and provides an anti-microbial alternative to carpet. Rubber flooring in gyms is a durable material that is easy to disinfect and maintain.
On-site Property Tech & Security
Package lockers, High-Speed Internet & Cable TV, electric charging stations, bike storage rooms, and touchless intercom systems allow residents ease and safety in their community.