Create an Outdoor Community Space in Your Multi unit Rental Buildings

Create An Outdoor Community Space In Your Multi-Unit Rental Buildings

Published On: April 16th, 2019Last Updated: June 17th, 2024Categories: Hard MoneyTags: , ,

Want to create a desirable community for your tenants? One of the amenities growing in popularity is outdoor community spaces. More landlords are creating functional spaces for multi-unit rental properties that encourage a sense of community. This improves resident interaction, keeps the property safer, and results in a greater likelihood that the property won’t be trashed.

BBQ stations and patios are great solutions. You can create a simple functional outdoor living area by installing a small fire pit structure, a place to deposit garbage and cans, permanent seating, and some greenery. Other ideas for outdoor community places include community kitchens (think pizza stove!), courtyards, and outdoor study lounges with electrical hookups nearby.

Check out these cool outdoor community spaces:


Are You Looking for a Hard Money Loan to Flip a House Or Buy A Rental Property?

Paces Funding is a hard money lender offering hard money loans to purchase and renovate non-owner occupied residential and commercial properties throughout the Atlanta, Nashville, Florida, or the North and South Carolina metropolitan areas. Our application process for hard money loans is easy. Just fill out this very simple online form and you will be contacted shortly. Unlike other lenders, the window between applying and funding is very small. We have funded properties in as a little as one day, but typically funding hard money loans takes about seven to ten days.

Call us at 404-814-1644 or contact us online to find out whether you might qualify for this type of funding. In the meantime, check to ensure that you meet our loan criteria. Our loan amounts can be up to 65 percent of the after-repaired value of the collateral—and if you use the loan for renovation or construction, the loan amount can be based on the collateral’s improved value.