A micro-apartment is like a studio apartment but on a minor scale. These units combine necessity and functionality by offering the conveniences of an ordinary apartment within 350 square feet.
The reasons for leasing a micro-apartment vary from the fascination of living in a more luxurious area of the city to a more simplistic lifestyle in a smaller footprint. Whatever is the reason for choosing a micro-apartment, here’s what you’ll want to know about living in one.
Increasing land value and construction expenses in cities, coupled with a desire to maintain reasonable rent prices relative to tenant incomes, have led developers to shift focus from larger, lower-density apartments to smaller, higher-density ones that yield more profit per square foot. The outcome has been a boom in constructing smaller-than-average rental units called micro-apartments in cities from coast to coasts.
Size – Micro apartments generally are less than 350 square feet; however, they can vary in size from 150 to 500 square feet depending on the site.
The configuration is often more critical than the square footage. For instance, a big apartment with weird angles and corners might have a greater square footage, but it isn’t very practical. If the layout works for you, the micro-apartment will be cozy and welcoming.
The important amenities of any apartment— kitchen, living space, bathroom, and sleeping space—are packed into the least area using multifunctional or ingenious furniture and storage like mobile kitchen islands and sofas that transform into Murphy beds. Few micro-apartments also have communal areas like gyms, lounges, pools, rooftop decks, and other outdoor spaces that give residents extra space to utilize beyond their unit and the ability to mingle without leaving home.
Micro apartments are impressive investments for numerous reasons –
Half the allure of micro-units is in their location in majestic, prominent metropolitan areas that offer several attractions and amenities for both owners and tenants.
Micro apartments also have increased proportions of used space relative to the entire space, enticing new renters and preventing prolonged vacancies.
You can fit more units, which boosts your revenue potential.
Micro apartments tend to garner better rent per square foot than normal sized apartments.
It’s cheaper to rent a micro-unit than a conventional studio apartment. Tenants can maintain the living arrangement for an extended period and may not even need a roommate to pay for part of the rent.
We at Jumper Realty & Associates help you in locating incredible apartments for rent in Tupelo, MS.
We are always on the verge of progress in the industry and are committed to delivering a higher standard of commitment to your objectives. We assist you in locating inexpensive houses for sale in Tupelo, MS.
Call us now at (662)-286-2828!
Embarking on the journey to buy your first home is an exciting and momentous occasion,…
In today's ever-evolving world, adopting a sustainable lifestyle and incorporating eco-friendly practices into our daily…
Northeast Mississippi is a region rich in natural beauty, culture, and history, spanning the captivating…
The charming and picturesque landscapes of Northeast Mississippi's Alcorn, Prentiss, Tishomingo, and Tippah counties serve…
Embarking on the journey to homeownership is an exciting and life-changing experience, especially if you're…
Are you considering selling your home in Northeast Mississippi? The real estate market can be…