Page:
1

Topic: Occupancy Rate vs Price Point

Topic Author

Matt Clark

Karma: 7
Posts: 50

At what occupancy rate do you start thinking your rents are underpriced? 90%? 95%? 85%?

Can anyone point me toward formal studies regarding the most profitable position regarding occupancy vs. price point?

All comments greatly appreciated!

Matt

Posted 9 years 4 months ago

Quick Reply Reply Quote

Sandy Martin

Karma: 21
Posts: 360

I've always used 100% with a waiting list as time to increase. But, I always verify it with a market survey to see where everyone else is.

You can always raise rent and offer concessions (ugh!), if needed.

Posted 9 years 4 months ago

Quick Reply Reply Quote

Reply Topic

Page:
1

Discuss!

Multifamily Insiders Discussions

The Front Lines

Occupancy Rate vs Price Point