Welcome back to our blog series on adding a vended laundry to your rental property. While this revenue generating amenity doesn't work for landlords of single-family properties, those who have multi-unit buildings without in-unit hookups may find that adding vended laundry machines to their property is a great way to attract renters and make additional income from an existing property. For the best prices on coin operated washers and dryers SC has to offer, look no further than T & L! Call now to save money.
Money generated from an onsite vended laundry can be helpful to landlords as they look to offset building maintenance fees, annual property taxes, or update the features of each unit. Here are some things to consider when it comes to adding vended laundry machines to your rental property.
Adding Vended Laundry Is A Great Idea For Landlords
Hassle-Free Maintenance: Many landlords are hesitant to add a commercial grade vended machine to their properties because they are worried about servicing and maintaining these machines. When you buy from T & L Laundry Equipment, you can rest assured that your investment is protected by both the manufacturer's warranty and a planned maintenance agreement with T & L. Our service department promises fast service with genuine parts, in some cases, in as little as a day. With more training and experience than our competitors, we help protect your budget and keep your equipment running great.
Return on Investment: While adding a commercial grade vended laundry machine to your property can be quite the investment, these machines will pay for themselves over time. The money that you make from the installation of these machines will help you recoup the initial purchase price and can allow you to pay for repairs and the eventual replacement of the machine without going into the profits of your property or your personal savings.
Guaranteed Revenue Source: Monthly revenue from a vended laundry on your property can go towards paying for numerous expenses. These machines could also help decrease the amount of rent your tenants pay each month or allow you to add additional amenities to your property. Decreasing rent, especially in a highly competitive market could help you land great tenants.
Affordable Coin Operated Washers and Dryers SC
If you're thinking about adding some commercial grade vended laundry equipment to your rental property, let the experts at T & L help you choose the right machines for your laundry room. We have the best prices on coin operated washers and dryers SC has available. For more than 40 years we have been helping landlords and commercial property owners select the best machines from Speed Queen and Continental for their properties. We proudly offer in-house financing as well as the area's best selection of pre-owned commercial equipment.
Not sure if you have enough space for a vended laundry or how many machines you need? We can help! T & L Laundry Equipment offers complimentary onsite consultations to ensure that your laundry room is laid out in the most efficient way possible, allowing for both tenant comfort and maximum equipment placement.
Want to learn more about adding vended washers and dryers to your property? Call or come to the showroom to speak with one of our laundry equipment experts. Learn about all the latest features available on the full line of products from Speed Queen and Continental.
Our staff looks forward to working with you!
