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Updated almost 2 years ago, 02/19/2023
Bringing multifamily property to market
Hello BP!! I have an updated Duplex that I am trying to bring to the rental market. I am considering listing one unit at a time to avoid having the units compete with each other. This is a new experience for me. One unit has a new kitchen (with granite) and new bathroom the other has a mix of prreviously used appliances, repainted kitchen cabinets, and refinished bath. Both units are the same size but the backyard is larger for the less updated unit. I believe the more updated unit could draw a larger rent but the backyard is smaller too.
Would you suggest listing both units at the same time or attempt to list one unit first? The goal would be to maximize return on both units.
Thank you in advance for your time.
Chris