The rental industry has been gradually changing to focus in on investment projects that align with the needs tenants have come to demand in recent years. It started with a new wave of rental communities that surpassed traditional standards in not just providing affordable, short-term housing options. Now building in more options in rental units, property grounds, amenities and residential-like accommodations; renters are pushing for some of the same wish list items home owners have come to expect.
Property firm based in Texas, Western Rim Properties has been adapting their offerings to match these evolving needs of today’s consumers. Taking to the rental community over thirty years ago, the firm is one of the pioneers who introduced new-age rental properties to the market that cater to middle to upper class renters looking for both a luxury and affordable rental lifestyle.
Establishing over 20 rental properties in the state throughout their career, Western Rim’s communities are centralized in areas where new age renters are primarily located. City and suburban areas concentrated with those young professionals and families age 20 – 35, you can find WRP communities in both well-established and up-and-coming places like Dallas, Houston, San Antonio and the suburb communities that surround them.
Tenants in these locations come with demands that firms like Western Rim have come to offer in all their rental projects. One of the newest focuses that have become important in the decision-making process of today’s renters is centered around sustainability and economic impact. “More than just saving our tenants money through amenities like efficient appliances and energy supplies, renters also want to see properties that take environmental sustainability seriously,” shares CEO and founder of Western Rim Properties, Marcus Hiles.
Bringing more environmentally conscious additions to their new developments, WRP introduced new projects last year that offered fully sustainable outdoor pools, garden areas and recreational parks. Furthermore, the firm also ensures all of their rental units are fully equipped with energy-star rating appliances to reduce cost and resource consumption of complexes that can span up to 5-10+ acres.
Rental property developers know they must stay up to date with community trends and consumer interests in order to sustain popularity in a growingly competitive market. “Putting more investment upfront in our projects to meet environmentally conscious requirements is something we will continue to prioritize as it is not only helping to attract tenants but also improves living conditions for all,” shares Marcus Hiles.