DOG WASH STATIONS FOR APARTMENT COMPLEXES
Attract and retain more residents to your property.
As the multifamily industry continues to grow and evolve, so do the expectations of potential tenants. Dog ownership is also growing, especially among apartment renters and single adults.
Savvy pet owners desire amenities that come with the fees they are charged for their pets. Property owners are now including a variety of amenities that are not only accommodating for residents, but for their pets as well. The Evolution Dog Wash offers years of worry-free service for a large multi-family property, plus reduces the overall plumbing maintenance on the building since residents don’t have to wash pets in their own apartment.
DID YOU KNOW?
ESTIMATE YOUR CAPITALIZATION VALUE
Please enter the number of apartments at your property.
Please select your
occupancy rate.
Please select the percentage of dog owners at your property.
The average dog owner washes their dog every 3 to 5 weeks. Enter in numbers to get your ROI.
This is your estimated revenue based on $10/wash. Expenses of $1 should be allocated to shampoo, electricity, water.
This is your estimated capitalized value: (i.e. how much value your dog wash adds to your property).
SAMPLE
279 units @ 91% occupancy x 50% dog owners= 127 dogs x 1 wash/month x 12 months=
1,524 washes per year x $10/wash= $15,240 in revenue – $1,524 in expenses= $13,710 in
income from the washes per year / 6% cap rate = $228,501 of capitalized value
Just purchased a dog wash for one of our properties, and I can’t say enough good things about it! When you call Evolution Dog Wash, you’ll get great enthusiasm and helpful people! Great ideas on hook up, delivery, implementing into the property, etc.
