Monday, May 5, 2014

New Developments Will Add Close to 1,250 New Apartments in Kansas City

The new development plan for the skyscraper will convert the commercial building for residential use, turning the 36-story building into a 220-unit mixed-use, luxury apartment tower. A further 50 apartments will also be added as part of the five-story, 465-space garage that will be built next door to hold tenants’ vehicles. Completion for the project is expected by late 2015 or early 2016 if the historic tax credits and tax-increment financing is approved.

In total, 1,242 units will be added to the city’s inventory of apartments by the planned developments within the next two years, which is exciting news for both property owners and apartment finders alike. For the former, it will mean that prices can be kept at a reasonable level that will keep a wider market of renters interested. For the latter, it will provide a richer selection of affordable apartments in Kansas City when searching for the perfect home through online listing sites like Leasing KC.

http://www.leasingkc.com/news/new-developments-will-add-close-1250-new-apartments-kansas-city/

Friday, May 2, 2014

Videos Attract Renters When Listing Apartments for Rent in Kansas City

While the survey data did not target the rental properties industry, it still has implications for property owners who are looking for ways to efficiently market their properties and reduce their vacancy rates. Videos can provide a more thorough overview of the property than photos can. Taking this into account, renters are more likely to inquire and potentially commit to a rental that has been advertised with a video walkthrough.

This marketing strategy is already being implemented by some online sites that list homes for rent in Kansas City, Leasing KC being one notable example.

http://www.leasingkc.com/news/videos-attract-renters-when-listing-apartments-for-rent-in-kansas-city/