The construction market is struggling to meet the demand for apartment properties, experiencing some of the lowest vacancy rates in their history. As America’s suburban areas grow due to increased migration from major cities into secondary markets, garden-style apartments have exploded in popularity.
What is a Garden-Style Apartment?
A garden-style apartment community, sometimes called a low-rise apartment complex, consists of several smaller buildings. It typically consists of two- to four-story walk-up structures developed in a garden-like setting. They are primarily found in suburban or rural areas, either in residential communities or near main roads.
- Garden-style communities feature exterior access and landscaped grounds for tenants.
- Garden apartments have popular amenities such as clubhouses, pools, and lounging areas.
- These multifamily properties usually don’t have elevators.
- Apartment units are connected through breezeways.
- These communities are often close to both professional and industrial jobs, schools, retail, and other sources of value.
Garden-style apartments provide advantages for not only their residents but also developers. Flexible layouts can accommodate almost any type of land site. Garden-style properties offer the feeling of a single-family home, with unit sizes comparable to a house.
Trending—High-Quality, Low-Density Apartments
Many apartment dwellers feel that densely populated living locations can increase health risks and have decided to look for high-quality, low-cost, and low-density living options that are close to work.
Garden-style apartment living provides plenty of space for growing families and have become popular in developing communities. Population growth in states like Arizona, Florida, Georgia, and Texas continue to skyrocket due to their lower cost of living and higher quality of life. Garden-style communities fit in with this migration trend as renters choose to live in less densely populated areas in apartments with spacious floorplans.
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Thank you,
Blair Hildahl
Blair@hotelsuniversity.com
608.304.5228
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