Increasing multifamily occupancy rates: Effective ways to boost tenant numbers in apartments
MRI Software
SEPTEMBER 5, 2024
Multifamily occupancy rates refer to the percentage of rented units in an apartment complex, compared to the total available units. For example, an occupancy rate of 90% in a 50-unit apartment means that 45 units are occupied. Your pricing needs to be competitive and reflect the value of your property.
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