Protect Your Investment: 3 Reasons Why Repaving Your Parking Lot Will Save You

January 2017

The first impression potential tenants will receive upon pulling up to your apartment complex, is the parking lot. That’s why it is very important as a property manager to properly maintain and take care of your asphalt parking lot. If you want your current tenants to continue renting and leasing from you and you want to attract potential tenants, here are reasons why you should repave your asphalt parking lot.

  1. Make your current tenants happy. One of the most important reasons for repaving your asphalt lot is to keep your tenants happy. This will reduce turnover, which will ultimately save you time and money in the long run. Creating a beautiful exterior for your apartment complex will make tenants happy to come home.
  2. Bring in new tenants. Despite best efforts to keep all tenants happy, sometimes, they just move out to bigger spaces. You will need to have a great exterior to attract new tenants to your apartment complex. Updating your asphalt parking lot will show potential tenants that you maintain your apartment complex.
  3. Return on investment. As a property owner, you most likely have a budget for capital improvements. Creating a safe exterior through updating your parking lot will give you the potential to increase rents.

Crisdel Group, Inc. has served the New York-New Jersey-Pennsylvania metropolitan area for more than 45 years. Today, Crisdel’s operations can accommodate all client needs and has recently expanded into Florida. Even though our roots are dug deep in asphalt paving, we can assist clients in all aspects of site development and maintenance as we self-perform most civil and heavy construction requirements.

We have met industry qualifications and have been classified by the Florida, Pennsylvania, New York, and New Jersey Departments of Transportation. Please contact us today to get started on your next construction project.

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