If you own an apartment complex, you probably spend a lot of time dealing with indoor maintenance issues and even some exterior ones. One aspect you may not put a lot of thought into is the parking lot. You keep it clean, of course, but does it really look as good as it could? Here are some key reasons why you should keep up with asphalt resurfacing:
- Happy Tenants – The key to reducing turnover is to keep your tenants happy. If your parking lot is not in good condition, some may start to look at places where they don’t feel in danger of trip and fall accidents.
- Get New Tenants – Not only will a property in disrepair make it hard to get new tenants, but it can contribute to not getting the ones you really want. You want tenants who deem it important to have a nice place to live because they’ll want to do their part to keep it nice, too. If your parking lot is in need of asphalt resurfacing, many of those drive-by potential tenants will take one look at that lack of curb appeal and head to the next apartment complex. Many feel that if you don’t take care of the parking lot, you probably don’t take care of other issues either. Don’t give the wrong impression with a parking lot in disrepair.
- Protect Your Investment – Anything you can do to increase the value of your property and improve it for the potential of increasing rent gives you the opportunity to protect your investment and your profits. This is particularly vital if you have an upcoming exit plan in place and want to present the highest value for the property so you can get the best selling price.
Here at AAA Top Quality Asphalt, we have your back when it comes to getting the best asphalt resurfacing results possible for your apartment complex parking areas. We’ll help you put your best foot forward for retaining and attracting tenants, as well as improving your property for financial gain. Contact us today to get a quote for your project.