Ownership has decided No Pool and No balconies or patios. What do you think prospects response will be?

Topic Author
Tina Cavaco
2 years 9 months ago #57930 by Tina Cavaco
We're building a 154-unit garden style property in Texas. The ownership has decided (due to cost and liability) No Pool and No balconies or patios. There will be a clubroom, pickleball court, playground and dog park. They also engaged wind engineers to have blds. laid out with windows that open for cross ventilation and do not plan on screens (in Houston). What do you think prospects response will be? Serious responses only please. Thanks!
2 years 9 months ago #57930 by Tina Cavaco
Topic Author
Jana Kay Mobarak
2 years 9 months ago #57931 by Jana Kay Mobarak
No pool in Houston heat ? No screens to keep giant bugs out ? Huge deterrents in my mind. Will cost you leases in the long run
2 years 9 months ago #57931 by Jana Kay Mobarak
Topic Author
Sarah Trefz Watson
2 years 9 months ago #57932 by Sarah Trefz Watson
Would not rent with no screens. That is ridiculous. Especially if the units are DESIGNED to have a cross breeze.
2 years 9 months ago #57932 by Sarah Trefz Watson
Topic Author
Diane Gilbert-Guthrie
2 years 9 months ago #57933 by Diane Gilbert-Guthrie
No pool is not a deal killer. But people love outdoor spaces. No patio would be detrimental I think. Must have screens!
2 years 9 months ago #57933 by Diane Gilbert-Guthrie
Topic Author
Kelly Kuehle Domres
2 years 9 months ago #57934 by Kelly Kuehle Domres
The idea of having cross ventilation is a great idea, but due to mosquito season I would say screens are a must.
2 years 9 months ago #57934 by Kelly Kuehle Domres
Topic Author
Aaron Potier
2 years 9 months ago #57935 by Aaron Potier
They could have added a splash pad instead of a pool. I've seen them designed for kids and adults. Offers a place to layout and the mist keeps the temperature down.
As for no screens, I see apartments full of skeeters, flies, maybe a stray bird. Plus talk about liability. You do know what happened to Eric Clayton's kid, right?
2 years 9 months ago #57935 by Aaron Potier
Topic Author
Ashley Nichole
2 years 9 months ago #57936 by Ashley Nichole
The lack of patio and pool will be a deal killer for many. Especially since we (Texas) are a hot spot for transplants that are not used to the heat. Think about a lot of the rehab communities with a lack of those amenities. They pump money into the units themselves, but when they lack staples like that and try to compete with the newer and more amenity heavy communities, there is no comparison. Another thing to note, with many companies moving away from in office work/ space, more people are working from home and look forward to their patios and pools. Just my two cents.
2 years 9 months ago #57936 by Ashley Nichole
Topic Author
Cheryl Cirrincione Oertel
2 years 9 months ago #57937 by Cheryl Cirrincione Oertel
I hope it’s reflected with lower rents. That’s the only thing you will be able to compete with.
2 years 9 months ago #57937 by Cheryl Cirrincione Oertel
Topic Author
Christina Earnshaw
2 years 9 months ago #57938 by Christina Earnshaw
I’m based in Texas, I have had properties all over the state. The no pool will be a huge problem. We also have a lot of bugs/ mosquitoes etc. not having screens on the windows doesn’t make sense. I have some units that do not have patios or balconies and they are always difficult to lease.
2 years 9 months ago #57938 by Christina Earnshaw
Topic Author
Gus Gus
2 years 9 months ago #57939 by Gus Gus
Tough to say because there will usually be a reason to gripe- instead focus on the positive and hopefully rents are structured competitively during the lease up! Too often I’ve seen market analysis provide a false sense of confidence because of the findings and a market unwilling to meet the launch rent prices.
2 years 9 months ago #57939 by Gus Gus
Topic Author
Donna Schatz Pinney
2 years 9 months ago #57940 by Donna Schatz Pinney
Your health codes don't require window screens?

Another consideration without patios or balconies is smoking especially if the apartments don't allow smoking indoors. A lot of smokers don't do so inside and want the outdoor space for that reason
2 years 9 months ago #57940 by Donna Schatz Pinney
Topic Author
Amy Sexton Horsley
2 years 9 months ago #57941 by Amy Sexton Horsley
No pool is a problem for new builds. Everyone expects it. As for AC, I did a lease up in Park City Utah high in the mountains. It was a verbal obstacle we had to overcome all the time. People are so used to it and will just choose an apartment with their wanted amenities.
2 years 9 months ago #57941 by Amy Sexton Horsley
Topic Author
Lisa Robinson
2 years 9 months ago #57943 by Lisa Robinson
I'm in Florida and I managed a luxury high-rise without a pool and without balconies and patios. In spite of the many upgrades people were very hesitant to rent without a pool and no balconies. Remind the owners how costly it will be if they're unable to meet proforma and have a sluggish or stalled lease up. In Florida, screens are required by Florida landlord statutes. You probably need to check the rules in your state.
2 years 9 months ago #57943 by Lisa Robinson
Topic Author
Lauren Dee
2 years 9 months ago #57944 by Lauren Dee
Smart home technology (smart locks) is the biggest amenity trend I'm seeing among new construction.
2 years 9 months ago #57944 by Lauren Dee
Topic Author
Shannon Clark
2 years 9 months ago #57945 by Shannon Clark
2 years 9 months ago #57945 by Shannon Clark
Topic Author
Vicki Hurley
2 years 9 months ago #57946 by Vicki Hurley
Doesn’t sound good to me. A pool is just standard these days and people like to go outside off their apt to hang out, especially with all those folks working from home. He’s making a big mistake.
2 years 9 months ago #57946 by Vicki Hurley
Topic Author
Brooke Nuber-Soldate
2 years 9 months ago #57947 by Brooke Nuber-Soldate
Screens are very neccessary in Houston during mosquito season. All of that sounds like it's missing the mark on what people actually want
2 years 9 months ago #57947 by Brooke Nuber-Soldate
Topic Author
Pj Bezpalko
2 years 9 months ago #57948 by Pj Bezpalko
It’s HoustonTexas. It’s super hot. Super humid and has Jurassic park size mosquitoes. No pool is gonna be a deal breaker for many prospects.
2 years 9 months ago #57948 by Pj Bezpalko
Topic Author
Jill Styx Hall
2 years 9 months ago #57949 by Jill Styx Hall
We don't have screens, New Orleans property. But it so humid, people don't open windows much anyways except in the winter when it is cold and the bugs are dead (mostly!).
2 years 9 months ago #57949 by Jill Styx Hall
Topic Author
Stacey Pichette
2 years 9 months ago #57950 by Stacey Pichette
No one will want to open any windows without screens and to be honest 99% of people don’t want to open windows at all as it allows allergens and insects into the home. No patios or balconies is tough as people want those features especially if they smoke. Without a semi private or private outside area people will smoke indoors even if it’s a nonsmoking property. No pool may or may not be a deal breaker but I doubt the pickle ball court will ever be used as most people don’t even know what that is. Basically, it sounds like they’re trying to cut costs and the finished product will reflect that. My question is - how will you attract residents if your competition has private patios and balconies, a pool, a picnic/grilling area, and tennis courts? If they can get everything they want and more renting somewhere else at the same price, why would they choose to rent at your community?
2 years 9 months ago #57950 by Stacey Pichette
Topic Author
Brenda Andrews Sherrill
2 years 9 months ago #57951 by Brenda Andrews Sherrill
No balcony is fine. I manage a luxury high rise and 1/2 of my units have no balcony. We have floor to ceiling windows too and they don’t open. Not an issue. My last community was a luxury mid rise and only 1/2 had balconies. I do think if you have windows that open, they need screens. I also think a pool is a must on a new construction lease up. If you were renovating a historical building, I get it, but you’re not.
2 years 9 months ago #57951 by Brenda Andrews Sherrill
Topic Author
Jessica Lynn Bobash
2 years 9 months ago #57952 by Jessica Lynn Bobash
I think you’ll have challenges for sure.
Not having a pool wouldn’t be a deal breaker, but no patios/decks is tough. Spending the money on wind engineers but not having screens in the windows seems like a waste of money. Not many people want to open their windows without screens.
2 years 9 months ago #57952 by Jessica Lynn Bobash
Topic Author
John Ridgway
2 years 9 months ago #57953 by John Ridgway
As long as the units are priced accordingly, you should have no problems leasing up. Lack of screens on a property specifically designed for cross flow is a head scratcher. I personally would take out the pickle ball court also.
2 years 9 months ago #57953 by John Ridgway
Topic Author
Mark Tanguay
2 years 9 months ago #57954 by Mark Tanguay
Screens are specifically mentioned in our lease and during move in orientation I give them this line " if you have screens, great. If you don't have screens, great. If you put a new screens, great. If you take out screens that are there, great. I've got nothing to do with screens."
This is normally followed up with the question "are there screens there now?" In which I reply "I don't know, I've got nothing to do with screens."
2 years 9 months ago #57954 by Mark Tanguay
Topic Author
Christy Carlton Harris
2 years 9 months ago #57955 by Christy Carlton Harris
I think you can find a marketable group who won’t care about the pool but may feel the pricing should reflect no pool. It won’t be as easy as a lease up with a pool. A way to overcome would be to partner with a local gym that has a pool and that would help round out your amenity offering.
2 years 9 months ago #57955 by Christy Carlton Harris
Topic Author
Michelle Cornelison-Cruz
2 years 9 months ago #57956 by Michelle Cornelison-Cruz
I think outdoor spaces have become more important than ever to our renters and not having patios/balconies nor a pool, especially in Texas, is an unfortunate cost cut. I would have put in a pool before pickleball. And then windows that open but don't have screens, to me, that screams liability.
2 years 9 months ago #57956 by Michelle Cornelison-Cruz
Topic Author
Stephanie Graves
2 years 9 months ago #57957 by Stephanie Graves
Have leased up several of these with no amenities and just high end interiors - it’s struggle but prices can fix it all - have to be under comps with all the bells and whistles but high enough to make the deal work.

You all have great service so I am sure it will be great. It plan on at least 3 months more for lease up and plenty of marketing money so you have enough of a pool of tours to capture those that will go for it!

They should just install solar and go for off the grid!!
2 years 9 months ago #57957 by Stephanie Graves
Topic Author
Brenda Brantley Walters
2 years 9 months ago #57958 by Brenda Brantley Walters
I don’t know your market, however, my first thought is to see if there are any fitness clubs or wellness centers that have pools where you can pay a membership fee. You could see about partnering with them and ask if they would offer your residents a discount. I agree that you would need to have very competitive pricing and I would also go after more corporate leases and clientele. I would also keep up-to-date with activities and events going on in the area and promote those to your residents as well as have events at the community. You want them to enjoy the neighborhood and feel at home in every way that you can.
2 years 9 months ago #57958 by Brenda Brantley Walters