HFO Forum Exclusive: What Today’s Renters Want Most!
July 26, 2013
HFO Investment Real Estate

HFO Forum Exclusive: What Today’s Renters Want Most!

At a special event held recently by HFO — Riverstone Residential
shared results from a national survey of apartment communities it
manages.

Most Wanted Community
Amenities
  1. Pool 
  2. Fitness Center
  3. Wifi in common areas
  4. Covered Parking
  5. Security Patrol
  6. Clubhouse
  7. Laundry
  8. Access/Control Gates

Most Wanted Interior Features

  1. Dishwasher
  2. Disposal
  3. High speed internet
  4. Patio/Balcony
  5. Storage Closet
  6. Ceiling Fans
  7. Pantry

Top Move-Out Reasons

Property managers indicated they had been seeing an increase in move-outs due to home purchases and job
changes. 
Property Managers’ Ideal Sizes For 1-Bedroom Apartment Units
1-bedroom apartment for Generation Y: 700 SF

1-bedroom apartment for a Baby Boomer: 800-850 SF
Riverstone manages over 170,000 units.  A total of 436 properties responded to Riverstone’s in-house survey. 
HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your legacy at http://www.hfore.com
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