7 minute read | Grills
Property developers and investors often view multi-family housing as one of the most profitable passive income sources. Building an apartment complex can be expensive initially, but the recurring rental payments can quickly offset those costs. As of 2021, the United States had over 38 million multi-family residences, with many more in the pipeline.
While developers see the financial advantages of multi-family homes, the growing market is also drawing more competition. It's projected that between 300,000 to 400,000 additional units will be added by 2022. To stay competitive, property owners and managers are increasingly focusing on lifestyle perks to keep residents satisfied and maximize rent. Many are now installing grills in multi-family homes to enhance resident satisfaction.
In its broadest definition, a multi-family home is any building where multiple families reside in separate units. These can range from duplexes, which combine two single-family dwellings into one structure, to apartment complexes housing dozens of families. Condominiums and large residential communities with townhouses also fall under this category. Activities in shared spaces, both indoors and outdoors, play a significant role in the functionality of these properties. Upgrading these common areas, such as adding permanent grills, can significantly enhance the living experience.
Most multi-family buildings, whether apartments or condos, have outdoor areas where people congregate. Underutilized spaces can be a missed opportunity for property owners to boost revenue and tenant satisfaction.
When deciding on installing grills in multi-family environments, it's crucial to consider the specific layout and needs of each space. Different mounting options cater to varying requirements. Here are some strategies to consider:
Aesthetics and functionality are equally important when choosing a grill. The size should accommodate comfortable movement during cooking, and natural gas connections eliminate the hassle of refilling propane tanks. Property managers must recognize that the rental market is highly competitive. Facilities offering top-tier amenities are likely to attract better tenants and generate higher rental incomes.
PGS Grills, known for their durability and performance, are a top choice for multi-family settings. The T-Series includes models like the T30 and T40, designed for smaller spaces such as duplexes. These compact grills can be mounted on pedestals or carts and are available in both liquid propane and natural gas configurations.
Larger models like the S27, S36, and S48 are ideal for permanent installations, either in countertops or standalone islands. These stainless steel grills offer cooking areas ranging from 540 to 960 square inches, making them suitable for large gatherings and outdoor kitchens.
All T-Series grills come equipped with safety features such as 60-minute gas flow shutoff timers, anti-theft knobs, and high-quality replacement parts. Their robust design withstands harsh weather conditions, ensuring longevity and reliability.
Though the T-Series is popular for multi-family properties, PGS offers several other lines catering to diverse needs. Whether upgrading an existing property or planning a new development, selecting the right grill can greatly enhance resident satisfaction and property value.
Have questions or need more information? Contact us today, and we’ll be happy to assist you!
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