Apartments and Apartment Buildings
Why Is It Important to Maintain the Pavements in an Apartment Complex?
Simply stated, tenants will frequently move if they feel that pavement maintenance is lacking.There are several reasons for this, including the perception that you will also skimp on unit maintenance. Nationally, the average turnover cost is around $2,500, and it can cost you twice that amount in some areas. What is worse is that potential tenants may form the same impression, making it a longer, more difficult process to attract the best tenants.
Why Do Apartment Complexes Need to Keep Pavements in Good Repair?
The last thing you want is for one of your tenants, a visitor, or an employee to be injured because they tripped and fell, stepped in a pothole, or were thrown from their bike. You could potentially wind up on the proverbial hook for their lost wages, medical bills, and other expenses related to their care and recovery. Furthermore, damaged pavements can have the same impact on your turnover and vacancy rates as poorly maintained pavements.
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