Garden/Low Density Apartment Research
Garden apartments provide the opporunity for developers are often located in markets outside the urban core and in suburban locations. Land use must be optimized to meet density and parking requirements imposed by zoning regulations. This requires a thoughful approach to balancing unit mix to the appropriate target market.
Within these market areas, amenities such as parking options become increasingly important. Understanding the competing inventory and targeting the correct unit mix and pricing to attract and retain renters will redcuce unit turnover and improve asset quality.