While it’s true that high rise living has disadvantages (ever had to walk up several flights of stairs when the elevator is out?), they present a slew of valuable benefits as well. While it is up to each renter to decide for themselves which lifestyle is more appropriate for their needs, TGM Associates is proud to provide the following benefits of living in a high rise apartment building.
Location
As the adage goes, “Location, location, location”. High rise apartment buildings are typically built in desirable, urban locations to meet demand. These locations yield a variety of lifestyle features, including the proximity of shopping, nightlife, public transportation, and more. A garden style apartment will typically be more spread out and located father away from urban areas.
Amenities
Amenities are another huge advantage of high rise apartment buildings. Doormen, fitness centers, controlled entry, security systems, on-site maintenance, guest housing, and morning coffee are all commonly included amenities in a high rise apartment building. Additionally, if you live in a densely populated area, many high rise buildings will offer underground parking, either included in the rent or as a separate fee. This parking space can make maintaining a car easier and parking more efficient. Doormen and security systems are a great value in terms of safety for singles and travelers.
Utilities
Some apartments will include utilities in the total rent; others will require you to pay your own utilities. However, high rise apartments typically result in lower utility costs overall, due to construction standards and practices. Additionally, many high rises will bulk-negotiate lower rates, even when residents pay their bills individually. This results in cost savings for you! If you don’t use internet very often, many resident lounges provide free Wi-Fi, which means you won’t have to worry about signing up for internet yourself.
Community
While it may seem counter-intuitive, living in the right high rise can provide a real sense of community. Many large buildings host regular resident events or fitness classes that let you get to know your neighbors. Once you’ve met a few people or families that live in your building, you’ll start feeling right at home.
In order to be certain you’re choosing the right apartment, you should always try to tour the building and a similar unit before you make up your mind. You might also want to walk around the building, to make sure you’re in touch with the neighborhood as well.
TGM Associates is an investment advisory firm with a focus on multifamily properties. TGM acquires, sells and manages apartment properties throughout the U.S. TGM strives to provide the highest level of resident services and quality on-site management as part of a continual commitment to provide residents with a well-maintained apartment community and a comfortable place to live.
