Take a micro suite with no bedroom (actually there is a
living space, which is turned into a bedroom each night via a pull-out coach).
Currently, furnished and rented downtown Ottawa for $1,100 a month.
Then create in its 14
foot clear height space a mezzanine bedroom that can be used as a main
bedroom or a guest bedroom. The upper level bedroom is suited to millennials or
active middle aged persons. If an elder rents this space, s/he will use the
main level for her/his bedroom and the mezzanine for grandchildren…
Now rent it out with a tech package for $1,650 a month.
Say the tech package costs $85 a month and the mezzanine
bedroom is built and furnished for $12,000.
Marginal rent = $550/mth – $85 = $465/mth = $5,580/yr
Cap rate on mezzanine bedroom investment = $5,580/$12,000 =
You can read more space creating beds here, https://profbruce.tumblr.com/post/152552479679/space-creating-beds-this-is-not-a-new-concept-but.
learn more about why micro suites and apartments are gaining in popularity with
both investors and residents here, https://profbruce.tumblr.com/post/153093020854/micro-suites-and-apartments.
Postscript: here’re a few ideas for mezzanine bedrooms. It’s
important that it’s not just a wooden sleeping platform—it has to be well
designed, safely constructed, structurally sound and highly banded; ie, it
looks like a beautiful artifact. That’s what millennials expect today.
Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page.