July 18, 2019
Today’s market for apartment rentals is very competitive, and to stand out, developers need to go above and beyond to provide amenities that will make potential renters pick their space above the rest. Experts believe that amenities are a major selling point for apartments, and whether the renter is a millennial or an empty nester, they’re likely looking for features that will bring style, efficiency, and convenience to their day-to-day life.
A number of apartment complexes in New Jersey have been enhancing their spaces to draw in more renters. Renovations often lead to more value and help properties stand out in their market. Consumer tastes and zoning laws change with time, so developers focus on amenities that people will always be looking for, no matter the month or year. Diversified Properties LLC and DP Property Management LLC, who own Summit Court in Union, NJ, look to be pioneers in the luxury apartment rental sphere, and seek feedback from tenants, architects, and others in the field to ensure that the changes they make and features they add will be beneficial.
Renting has become more and more widespread, and Nick Minoia, principal and founder of Diversified Properties LLC and DP Property Management LLC, recognizes that both younger and older adults are looking for the freedom of renting rather than buying a home, which eliminates the burden of home maintenance and repair.
Summit Court offers renters a variety of luxury amenities, like a fully equipped fitness studio with Peloton bikes, a community lounge, a keyless entry system, a gaming and outdoor dining area, and much more. Minoia said about the amenities offered at Summit Court, “millennials expect luxury units with the latest technology, in locations that make for easy commutes, and empty nesters want high-end features that make the transition from house to apartment an easy one.” Amenities make spaces close to New York City even more appealing for these groups, whose demands grow and change over time.
Summit Court aims to please their target market with upscale features and amenities in their one and two bedroom apartments, along with ample space for residents to spend time and relax with friends and neighbors right outside their apartment doors.