Valet Closet Calculator Valet Closet Amenity Valet Closet Return Calculator All numbers are projections based on multifamily industry feedback and our own pilot test results. Total number of doors in your property/porfolio * Enter total amount of doors in your entire portfolio Average Rent per Unit/month * $ The average apartment rent in the U.S. is $1,659/month. Valet Closet Tenant Conversion Rate 15% -20% Typical Range of Tenant Storage Rate $55-$85/month Range of Turnover Cost per Tenant $2,500-$3,000 Monthly Ancillary Income from Storage $ Yearly Ancillary Income from Storage $ WE ARE MUCH MORE We find that adequate storage space can result in an additional lease extension of up to 12 months, saving apartment operators on turnover costs. Monthly Income from Renewed Rent $ Yearly Income from Renewed Rent $ Savings of Turnover Cost $ Yearly Valet Closet Projected Return $ “Many times, our newly renovated apartments lack the onsite garages and storage that newer communities offer. Valet Closet gives us an edge, and our residents love the convenience!” Want more? Having adequate storage space is in the top 3 concerns of a new tenant. Email If you are human, leave this field blank. Submit
