The ideal living community provides all the necessities within easy reach. Between rush hour traffic and parking fees, commuting to any destination quickly becomes a stressful experience. Building an apartment complex that offers a diverse selection of amenities eliminates the need for your tenants to commute into town. You can meet all their needs within the boundaries of your apartment complex.
From swimming pools to community gardens, you can offer many different amenities to your tenants. The most desired amenity tenants look for is a workout center. A fitness area in your apartment building gives tenants more workout flexibility and motivation. They no longer have to worry about wasting time commuting to a gym—adapting their daily schedule—renters can easily get some cardio in the morning, when they return home from work, or before dinner. Apartment gyms give tenants more versatility when it comes to scheduling workouts. Plus, apartment fitness centers reduce the excuses about parking, membership fees, and commutes. All they have to do is leave their unit and walk to a different part of the building.
Apartment gyms offer tenants many benefits, but how does it affect you as the property manager? Check out these six reasons you should build a workout center for your apartment complex.
Fitness plays an important role in people’s lives. Staying active offers many benefits, including:
Adding a workout center in your apartment complex promotes fitness and encourages tenants to live healthier. Offering the means and space for people to look after themselves produces lots of appeal to potential and existing tenants. Satisfied and happy tenants will boost your apartment’s reviews and reputation.
Content tenants are more likely to renew their leases. Tenant retention influences your property management and business in many ways, especially your prominence. Low retention rates generate bad press, leading to negative assumptions. People might assume that there’s something wrong with the apartment driving residents away, signifying to prospectives that they should live elsewhere.
Many people also don’t like to move between places too often. Packing up everything and moving costs money and requires a lot of time and effort. Many prospective residents aren’t going to want to stay in a place they can’t commit to for a reasonable length of period. High retention rates show potential tenants that there is potential for a long-term housing commitment. Adding a gym to your apartment gives residents an appealing amenity that gives them a convincing reason to continue living at your complex. Accessible, well-equipped apartment gyms and happy tenants lead to high retention rates.
Many prospective tenants look for specific amenities. The more resources at your fingertips, the better. Apartment resources provide people with beneficial accessibilities that can enhance their lives. A community office with public computers, Wi-Fi, and printers equip remote workers with a functional and productive workspace. Outdoor areas with lounge chairs and grills allow people to enjoy some sunshine and fresh air. Plus, outdoor spaces give pet owners an accessible way to let their dogs out to get some exercise.
Offering lots of opportunities and resources to your tenants makes your apartment complex a more viable place to live than one without any amenity perks. Building a workout center in your apartment treats your tenants to an irresistible and practical amenity that gives your property an edge over competitors.
A fitness center in your apartment complex opens up new opportunities to host community events for your residents, leading to a snowball effect of benefits. Events improve community involvement. An active community boosts the overall happiness of your residents and generates a positive reputation and image for your apartment, increasing your appeal to potential future tenants.
You can host a wide variety of fitness events in your workout center, like:
From varying workout classes to special training sessions, a workout center provides many opportunities to host events that gather the community over the common ground of fitness, wellness, and healthy lifestyles.
Between construction and equipment costs, building a fitness center involves making a hefty investment. However, once your gym is complete, you can make a profitable return in many ways. Apartment amenities are luxuries. Adding a workout center to your complex increases your property value, allowing you to bump up rental fees in the apartment reasonably. Including premium fitness equipment, like cardio and strength, will also give your complex an edge.
Any fitness events you host in the workout center also open up opportunities for you to make additional profit. You can charge for community classes, private training room reservations, and gym guests.
Being a part of a community makes you feel less alone, adding purpose to your life. Socialization is a necessity and a natural part of human nature. Workout centers are community spaces that bring people together, providing them with an excellent opportunity to mingle and socialize. People can bond over workout tips, meet and greet fellow gym goers as they share and switch equipment, and find an exercise companion.
Forming a strong community in the apartment complex makes living there a more welcoming and enjoyable experience, boosting your business as it attracts new tenants and maintains current residents.
If you are looking for a way to upgrade your apartment complex, these six reasons to build a workout center give you the perfect solution. Providing tenants with a place to access beneficial resources and take better care of themselves enhances their living situation and boosts your apartment business.
Build an attractive and beneficial gym for your residents with commercial exercise equipment from TRUE Fitness. Our selection of workout machines provides your tenants with effective exercises that help them meet their fitness goals. Check out commercial-grade equipment and design a workout space for your apartment that leaves you with happy and healthy residents.