Multifamily with a pool and waterfront view

[Carter Anderson]

When theres a pool involved how much more would you charge per month for this amenity? It's only an 8 unit complex and is in the downtown area.

[Michael Le]

What do your competitors have in terms of amenities? If they all have pools then you don't have any advantage so you would charge basically what they do, all else being equal. If none of them have pools then it would be up to you to test the rents at that point. All that being said, a pool for 8 units seems like a huge expense for little return.