For Property Owners
Join us as we take an in-depth look into self-operating your common area laundry room, including: the how-and-why of multifamily laundry room design, detailed equipment model information, buying guidelines, and expert management tips so you can run your laundry facility like a professional.
Operating your own common-area or shared laundry room can be a very fulfilling and profitable enterprise when properly established. But what makes a laundry room successful and alluring to residents?
The most important aspect of establishing and running your own laundry room is the design. A well-planned laundry set-up can make a world of difference with resident attraction, as well as affect your laundry room’s energy efficiency. Let’s dive in.
If purchasing your laundry machines, look for dependable, high-efficiency top brands like Speed Queen, Maytag and Whirlpool commercial machines – they are designed to endure the heavy use and demands of a busy common-area laundry. Let’s take a closer look at their features.
Consider buying from a company that specializes in selling multifamily laundry machines, such as WASH Multifamily Laundry Systems, that has a well-stocked inventory of commercial washers, dryers and parts for immediate delivery. Also, be sure to ask about the option of washer and dryer installation and service.
Apartment resident demographics can alter this ratio, based on expected usage. See below.
If you’re self-operating your laundry room, payment and pricing may be a concern. Typically, laundry machines can be outfitted to accept coin or card payment, as well as contact-free mobile payment. While pricing too low can cut into profits, pricing too high can cause residents to go off-site for laundry. Compare against the local competition, including laundromats, and consider commissioning a market analysis to help determine proper vend pricing.
In-unit washers and dryers can be extremely convenient and alluring for residents, allowing them access to a machine when they need it. However, opting for in-unit laundry can have its drawbacks as well. Namely, in-unit machines have the potential to create property damage if misused or not maintained. Running a common-area laundry also has higher profit margins compared to in-unit installations. Plus, shared laundry rooms have the benefit of saving on energy and water usage, decreasing average number of loads per unit, therefore decreasing operational cost and further increasing profitability.