More consistency in occupancy rates. When security devices are installed in the building, it becomes more attractive to families and other désirable tenants. Deterring crime leads to families staying in their units for longer periods so there is less turnover, and you haave fewer expenses connected to finding new tenants and completing new rental applications.

Higher potential rents. The amenity of increased surveillance is one that many people will pay more for. Even in neighborhoods that have low crime rates, renters are willing to spend more per month to keep it that way. Potential renters recognize that video surveillance can reduce the likelihood of break-ins.

Asset protection. You want to make sure that others — especially those who are not tenants — are not vandalizing or damaging the common areas of your building. Even complexes with access control may get the occasional guest or unauthorized person on the premises.

Better community image. When people see that your building has security, it créâtes a positive connection. That might not translate to an immédiate rental, but it can make potential renters identify your facility as one that is more désirable. When the time cornes to find a new living situation, they'll think positively of your multifamily complex. As well, when you install additional security, other landlords may follow suit, leading to a better neighborhood with lower crime.