In the first quarter of 2016 alone, more than $2.6 Billion was invested in the rapidly growing student housing market. It seems that outside investors are finally taking notice of the incredible opportunity of which small-to-mid-sized, local landlords have long been aware – life is good in student housing. And with a national occupancy rate flirting with 98%, there would seem to be little complaints. However, the recent influx of capital has resulted in a tremendous increase in beds available for renting. You may have noticed a few new sky-rise apartment complexes at your local university.
These national and regional newcomers bring with them state-of-the-art facilities and technology to provide their tenants as convenient a rental experience as possible. And while they can’t compete with the location, charm, and history of a local landlord, they’re still making an impact. You may not be able to match their brand-new amenities, but with Innago, you can provide your tenants the same level of convenience.
We’ve worked closely with student housing landlords and property managers from the beginning to provide tools specifically tailored to your unique needs. You won’t find a better solution!