If you are noticing your tenants are not renewing their leases, you need to uncover the underlying causes for this situation. As your occupancy rate drops, so does the amount of revenues your apartment community earns. Over time, you could easily find yourself in a situation where you are not earning enough to keep up with maintenance and repairs. One common cause is a lack of certain amenities, like in-home laundry. Adding stackable washer and dryer appliances to your units might be exactly what you need.
There are solutions available for apartment complexes whether there are existing in-home laundry connections, or not, in each of your units. In units where you have existing connections, a stackable washer and dryer is one option. These appliances are designed to sit next to each other, or the dryer can be placed on top of the washer, creating more space in the in-home laundry area.
You do not have to worry about venting issues, either, since the dryers use ventless drying technologies. No more spending money to have dryer vents cleaned in your buildings, or paying higher insurance premiums because of the fire hazards associated with dryer vents. You can simply close of both ends of the vents, to keep animals out, and not worry about them again.
Should some of your units lack existing laundry connections, installing stacked laundry is not expensive. You can easily tap into existing hot and cold water lines and discharge drain lines. The only electrical connections required are access to an 110V three-prong standard outlet and a 220V special three- or four-prong dryer outlet.