DENVER, July 15, 2015 /PRNewswire/ -- Keyrenter Franchise announces their expansion into Colorado with the addition of a new residential property management franchise Keyrenter Denver specializing in single family and small multi-family dwellings.
People are flocking to Colorado at historic rates. Whether it is for the sunshine and beautiful weather, outdoor adventures in the national forests, or sports teams and city life, it's undeniable that the demand for housing is on the rise. The average sales price of a single family dwelling in Colorado has hit record highs, creating a huge demand for rental units. Although there have been gains in the construction of affordable housing and multifamily units, the demand is growing much faster than the supply.
According to the June 2015 Colorado MLS, the average sales price of a Metro Denver home has risen from $371,971 to $417,753 (a 12% increase over the past 12 months). The average rent price (including apartments) in Denver is now $1,635 per month. With record breaking occupancy rates, landlords have found themselves in a powerful position when it comes to rental price negotiations and increased returns on their investment properties.
Keyrenter's proven systems have attracted the attention of existing mom and pop real estate shops looking to gain a larger piece of their local real estate market. By adding Keyrenter's residential property management services, realtors are able to capture both ends of the market and benefit from the following:
- Increased number of properties listed
- Additional revenue streams
- Recurring monthly income
- Automatically generated leads
The game changing marketing and management systems developed by Keyrenter Franchise (www.keyrenterfranchise.com) are proven to increase the return on investment properties, resulting in superior customer service and satisfaction while reducing the time and effort required of the property manager and the tenant.
For Help Buying, Selling or Managing Property:
For information on how Keyrenter can help increase the return on your Denver rental property, contact: Brandon Scholten at 720.739.3000 of Keyrenter Property Management Denver (www.keyrenterdenver.com).
About the Franchise
SOURCE Keyrenter Franchise