MDU and MHP property owners face a myriad of challenges in today’s competitive real estate market. Three of the most pressing concerns are how to increase revenue, enhancing the tenant experience and increasing penetration rates. In the age of digital connectivity, providing internet services can be a game–changer. We want to help you provide Internet and TV services to your residents, including how this can significantly boost your revenue and increase your property CAP rates by a minimum of 5%.
The digital age has fundamentally transformed the way we live, work, and play. Seamless internet connectivity is no longer a luxury; it is a necessity. As a property owner, recognizing this shift is essential to stay competitive in the real estate market. By offering internet and TV services, you can position your property as a forward-thinking, tech savvy choice for tenants.
Our team of experienced IT consultants can help you navigate the complex landscape of modern technology. From infrastructure planning to project management, we provide a full range of consulting services to help your business succeed. Internet and TV services are an attractive selling point for potential tenants. In today’s world, fast and reliable internet access is a top priority for many. By offering this service, you immediately make your property more appealing, increasing the potential of attracting and retaining tenants. The convenience of having internet and TV access ready to go upon move-in can be a major selling point, especially for busy professionals and students.
Internet services can generate additional revenue streams for MDU property owners. When you partner with Superior Technologies, together we can negotiate revenue-sharing agreements. This means that a portion of the tenant’s internet fees goes directly into your pocket, providing a consistent and reliable source of income.
In a competitive rental market, having an edge can be the difference between high occupancy rates and vacant units. Providing fast reliable Internet and TV services set your property apart from the rest. It shows that you understand and meet the needs of modern tenants. Moreover, by bundling internet services with rent, you can offer more competitive pricing, making your property more attractive to budget-conscious tenants.
In today's digital landscape, cybersecurity is more important than ever. Our team of experts can help you protect your business from cyber threats. Providing internet and TV services not only attracts new tenants but also improves tenant retention. A reliable internet connection is a vital part of daily life, whether for work, leisure, or communication. Superiors' product is pre-installed in the unit providing each unit with both wired and Wi-Fi connectivity. There is no need for tenants to schedule an installation and they choose the best speeds and price point for their needs. Superior ensures that your property has the highest available speeds at prices lower than they can procure on their own. We offer managed internet solutions and are notified immediately of any outages on the property, insuring no, to minimal down times. Tenants are more likely to renew their leases if they are satisfied with the internet service and offered tech amenities, saving you time and resources on finding new occupants. We can provide a variety of services, including network security, data encryption, and more.
Managing individual internet contracts and billing can be a cumbersome task for both property owners and tenants. Our internet services has to ability to streamline this process. With a single bill that includes rent, internet, TV and other tech amenities, tenants enjoy a simplified financial experience, while property owners reduce administrative overhead and the risk of unpaid bills.
Managing your IT infrastructure can be a full-time job. Let us handle it for you. Our managed IT services provide comprehensive support for your entire technology stack, so you can focus on running your business.
When MDU property owners offer internet and TV services, they can often access more cost-effective rates from internet service providers. These savings can be passed on to tenants in the form of lower internet and TV fees, further increasing the property’s attractiveness. In some cases, you may also benefit from shared infrastructure, reducing installation and maintenance costs.
The digital landscape is ever evolving. Offering internet and services demonstrates your commitment to keeping your property technologically relevant. With increasing reliance on IoT (Internet of Things) devices, smart homes, and remote work, ensuring that your property has a strong internet infrastructure as an investment in its future value. In an era where connectivity is a fundamental aspect of daily life, property owners must adapt to tenant expectations. Offering fast reliable internet for these services is a strategic move that can help increase revenue, attract, and retain tenants, and simplify property management. It not only makes your property more appealing but also positions it as a forward-thinking and competitive choice in the real estate market. Embracing this digital transformation is not only a smart business move but also a testament to your commitment to meeting the evolving needs of your tenants. Understanding prospective renters’ preferences is a fundamental responsibility for property owners, developers, and managers. Whether it is high-speed internet, options for TV, modern appliances, a pet-friendly policy, or other in-demand features, emphasizing desirable differentiators can create a compelling marketing narrative that resonates with current and potential renters. In the 2024 NMHC and Grace Hill Renters Preferences Survey Report, renter respondents shared both the aspirational and practical elements that make the difference when they are considering which apartment to rent.
--Based on 172,703 survey respondents across 77 markets and 4220 communities, the report provided a valuable snapshot into the needs and desires of a wide range of renters.
Whether for remote work, streaming video or music, or gaming, high-speed internet access ranks the highest on the list of renter essentials. Also ranking among the highest Features renters are seeking is the feeling of safety with Security in place and the ease of automated access control. For property investors, developers, and management companies alike, insight into the lifestyles and needs of the modern renter offers the opportunity to plan, differentiate services, and develop marketing strategies that are tailor-made for potential residents in their properties. By knowing the difference between nice-to-have bells and whistles and must have features and amenities that renters simply will not do without, it is easier to keep homes filled and residents happy. According to LinkedIn the top in-unit amenities that renters look for also have high speed internet access, Security and access control listed. Multifamily Executive Magazine states that internet usage by age has increased over the past 25 years listing that 99.8% of users between the ages of 18 and 49 use the internet in their homes. 98% of adults between the ages of 50 and 64 use the internet in their homes. And 84% of adults above the age of 65 use the internet in their homes. This is an increase of over 65% over the last 25 years. What Superior Technologies will provide for you is a managed internet service that will not only save your renters up to 40% over the traditional consumer rates of high-speed internet but is also ready the instant they move in with one phone call. The routers are pre-installed in the unit providing them with the ability to have wired and wireless internet access within minutes of moving in. We also provide common area Wireless Access Points, clubhouse and office connected and wireless internet service at no charge, so renters and office staff always have internet access. Older MHP and MDU properties have no fiber infrastructure on site. This also gets you the most up to date infrastructure installed at no cost to you and allows for future upgrades to services for your residents.
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