APARTMENT FEASIBILITY – WITH DATA-DRIVEN DECISIONS
There are 5 Key Questions apartment developers ask us.
For each question, there is much to consider before making any decisions
Investors and developers should commission an apartment construction feasibility study from industry experts to gain essential insights before proceeding with their projects.
Should I Build?
Data to Consider:
- Population Gains Projected by Region
- Homeownership Rate
- Growth in Rental Households
- Historical Rental Vacancy Rates
- & More
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Where Should I Build?
Data to Consider:
- What Makes A Good Rental Site
- The Difference Between A Primary, Secondary, & Tertiary Site
- Advantages of Secondary & Tertiary Sites
- & More
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What Should I Build?
Data to Consider:
- Design (Amenities, Units, Other)
- Intensification
- Target Renter
- Unit Size & Mix
- Parking
- & More
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How Much Should I Build?
Data to Consider:
- Rental Density
- The Depth of the Market
- Under-Supplied Markets & Population Growth Projections
- Leasing & Absorption Rates
- & More
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Does This Deal Work?
Data to Consider:
- Four Factors that Drive Rent
- Competitive Rental Market
- Comparables – New and Old
- Setting Rents
- & More
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To learn more about feasibility , and all other steps of the Apartment Development Process, gain access to our Apartment Development Master Class Recordings today!