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Posts tagged ‘Short Term Housing’

21
Jan

5 Musts for Business Travelers Needing a Corporate Rental

Independently owned corporate housing options are as unique as the people who own and manage  them.  From the basic offerings to higher end finishes to a more diverse location, with managed corporate housing you’ll find a property that is tailored made for your needs.

So, what should you look for when searching for a corporate rental?  That depends on what is important to you in your stay, but here are five elements you should evaluate a property for:

–       Does the property offer the lease terms and availability you require? Check the dates that the corporate rental is available to determine if its availability corresponds with your lease start time, length of stay and lease end date. Also, if you need more flexibility, like an open departure date, is the landlord flexible with the availability schedule to allow you to extend and end your stay as necessary?

–       Does the asking rent fall within your budget? Whether your company is paying for your stay, or rent is coming out of your own pocket, everybody has a budget to stick to. However, posted prices may be flexible depending on the lease terms, length of stay, etc.  So don’t eliminate the property without finding out if the landlord is flexible with the rate.

–       Does the property offer the amenities and conveniences you are looking for? If security is important, you’ll want to be sure the property has controlled access.  And if you’ll have two vehicles with you, does the community accommodate (or even charge for) that extra parking spot.  Make a list of the little things in your life that you must have and cross-reference it with the property’s attributes.

–       Does the property’s location match your needs? Location should be at the top of your check list. Making sure that a property is located in close proximity to your work, grocery stores, restaurants and, overall, with a setting that you feel comfortable in.

–       Does the property size fit your requirements? If you are bringing the family with you or expecting visitors during your stay, you’ll not only want to be sure the property features enough bedrooms or sleeping space for its occupants, but also you’ll want to make sure that guests are okay with your landlord. The same goes for pets. If you’re bringing your cat or dog along for the stay, you’ll need to discuss whether this is permitted with the landlord and if there are extra fees involved as well.

23
Feb

February Featured Property in the Heart of Denver’s LODO Neighborhood

Traveling to Denver for business? Or perhaps you are relocating and want to try living in a particular neighborhood prior to settling down. Whatever your reason is for coming to beautiful Denver, let the local AvenueWest Managed Corporate Housing office find the perfect fully furnished rental for your needs.

Living Room - TV

This month, we are featuring a very unique and beautiful all-inclusive property in the heart of downtown Denver, within walking distance to tons of restaurants, coffee shops, boutiques, the Pepsi Center, Denver Performing Arts Complex, the Convention Center, Union Station, Museum of Contemporary Art and so much more!

Bike rentals are right around the corner and the Cherry Creek bike path is at the end of the street. Confluence park is 1/4 mile away.

Kitchen 2

This 1,600 square foot 2BD/2.5BA downtown Denver town home boasts high-end functionality and features including:

  • Main floor is open concept with 11 foot ceilings and floor to ceiling windows
  • Maple floors
  • Sub Zero refrigerator, Miele dishwasher and oven, and stainless steal countertops
  • Master bedroom has a king bed, sitting room and office, private balcony and a large flat screen TV.
  • Bathrooms have Kohler fixtures and white stone floors and both have a tub and shower
  • Separate laundry room next to 2nd bedroom upstairs
  • 2 covered parking spaces in adjoining garage
Bird Bedroom Desk

Along with the great property features included above, all AvenueWest Denver rentals include high-speed wireless internet, expanded basic cable, domestic long distance, capped utilities (gas/electric), water, trash, linens and towels, housewares, and furnishings all for $5,500/month. There is also a one-time, non-refundable departure cleaning fee of $350. Maid Service can be added for an additional fee.

Click here to see more pictures and details of this charming town home or call us 303-825-0000 to reserve this beautiful property today! 🙂

Dinning Room
Orange Bedroom
Kitchen
26
Sep

Things to do in Phoenix, AZ this Weekend

There are so many fun things to do in the valley of the sun and here are some going on this weekend around the Phoenix, AZ metropolitan area.

There are several FREE pool parties this weekend going on in Phoenix, AZ. Don't miss out on the fun! (21 and up only)
There are several FREE pool parties this weekend going on in Phoenix, AZ. Don’t miss out on the fun! (21 and up only)

FREE 21+ Pool Parties! The Talking Stick Resort is hosing one from 11am-6pm this Saturday and Sunday – ages 21 and up. They are located at 9800 E. Indian Bend Road, 480-850-4350. There is also one at El Santo Cantina from 11am-sunset on Saturday and Sunday. They are located at 7301 E. Butherus Drive, Scottsdale, 480-584-3801.

  • Farmers Markets around Phoenix: Phoenix Public Market, 721 N. Central Ave, 8am-noon this Saturday. Ahwatukee Farmers’ Market, 4700 East Warner Road, Phoenix, Az 85044, open Sunday from 8am-11am. Roadrunner Farmers’ Market, 3502 E. Cactus Rd, Phoenix, AZ 85032, open Saturday from 7am-11am.
  • 6th Annual Tukee Fest: “Rockin in the Park.” 6pm-10pm, Saturday, September 28th, Ahwatukee Park 4700 East Warner Road, Phoenix, AZ 85044. Enjoy live music, sports games, live motocross jumps and tricks, food and drinks available for purchase from Nello’s Pizza, Macayo’s and Tom’s BBQ. Tickets are $10 for adults and $5 for kids 12 and under.
  • Vampire Weekend Concert: 8pm Friday, September 27th. Comerica Theatre, 400 W. Washington Street, Phoenix. Tickets are $29.50-$39.50.
  • For all you Bret Michaels fans out there, he will be performing live in Phoenix this weekend.
    For all you Bret Michaels fans out there, he will be performing live in Phoenix this weekend.

     Bret Michaels’ Concert: 8pm Saturday, September 28th. Wild Horse Pass Hotel and Casino, 5040 W. Wild Horse Pass Blvd, Gila River Reservation. Tickets are $54-$114

  • Keith Urban Concert: 7pm Sunday, September 29th. Ak-Chin Pavilion, 2121 N. 83rd Ave, Phoenix. Tickets are $29.25-$59.
  • Jimmy Eat World Concert: 8pm Sunday, September 29th. Marquee Theatre, 730 N. Mill Ave, Tempe. Tickets are $30 at the door and $27 in advance.
  • Steve-O performs live at the Tempe Improv all this weekend. Friday and Saturday nights at 7pm and 10pm and on Sunday at 7pm. 930 E. University Drive. Tickets are $20-$35. Age 18 and up. Two drink minimum required.
  • The 2nd Annual Roosevelt Row Chile Pepper Festival is going on this weekend in Phoenix, AZ.
    The 2nd Annual Roosevelt Row Chile Pepper Festival is going on this weekend in Phoenix, AZ.

    2nd Annual Roosevelt Row Chile Pepper Festival. Saturday, September 28th from 5pm-11pm at the A.R.T.S. Market, 408 E. Roosevelt St., Phoenix. $10 in advance, $15 at the gate.

  • The Taste at Tempe Marketplace: Help raise money for the local Boys and Girls clubs while enjoying samples from 10 different local restaurants. 5pm-8pm, Sunday, September 29th. 2000 E. Rio Salado Pkwy. Tickets are $40 for one or $70 for two.
  • Symphony Idol: “American Idol” alums join the Phoenix Symphony this weekend only to showcase pop inspired tunes. Friday, September 27th at 7:30 pm or Sunday, September 29th at 2pm. Tickets are $18-$83. Symphony Hall, 75 N. Second Street, Phoenix.
  • These fun-filled fall events are not only great for Phoenix Locals, but for the business traveler as well! There is bound to be one (or more) events going on this weekend that will please your whole crowd.

    If ever there is a need for corporate housing or short-term fully furnished housing or full property management in the Phoenix metro area, AvenueWest Phoenix can help you out. Contact us today – we would love to find you the perfect housing solution!

    15
    May

    Corporate Housing is an Extended Stay Alternative in Boston, MA and Across the Nation

    A recent article in The Boston Globe by Katie Johnston found that Boston’s short-term housing market is on the rise since more patients, relocating professionals, traveling nurses, etc. find that staying in a fully furnished apartment is much nicer than staying in a hotel for an extended period of time. After all, staying in an apartment which is residential in nature vs. a hotel which is transient is going to make your stay that much more comfortable. Plus, most corporate apartments include a fully stocked kitchen, cable, internet, phone service, secured building, amenities, etc. all for one great rate.

    Short-Term Housing Boston

    Extended Stay properties are on the rise in Boston, MA and across the nation. Why not stay in a fully furnished corporate apartment for your next short-term stay?

    According to Smith Travel Research, Inc. – a hotel research company based in Tennessee – extended stay properties grew 4x faster than all other hotels from 2007-2012. In Boston, the amount of extended stay properties grew twice as fast as available hotel rooms.

    Patrick Flynn Owner of Northeast Suites/AvenueWest Boston

    Meet Patrick Flynn, the owner of Northeast Suites/AvenueWest Boston.

    Our newest franchise owner, Patrick Flynn, of Northeast Suites/AvenueWest Boston was featured in this article: “Increased hiring by biotechnology and pharmaceutical companies is adding to the demand as new employees look for permanent housing.” More companies are relying on contractors to get the job done in a matter of weeks or a couple months. Short-term housing is a better alternative than staying at a hotel during this time. Currently, Patrick has about 120 fully furnished apartments in the Boston metro area and 80+ across the nation. He expects his revenue to double to more than $3 million this year with the influx of people needing short-term, fully furnished apartments.

    There is a large number of European guests needing temporary housing while they receive treatment at nearby hospitals in Boston. A recent study conducted found that the US Food and Drug Administration is approving cancer drugs faster than European regulatory agencies. Many clients come over to Boston to seek the newest cancer treatments that are currently unavailable in their counties.

    The rise in extended stay properties nationwide means there is a greater demand for short-term temporary housing. Why not choose a corporate housing unit for your next short-term stay? These can be true home-away-from home properties that make you more comfortable while getting adjusted to your new city.

    AvenueWest Boston & Northeast Suites Bedroom

    This is the bedroom from one of AvenueWest Boston/Northeast Suites fully furnished corporate apartments. Is it nap time yet?

    2
    May

    Sometimes Renting is a Much More Economical Option Than Buying: Top 10 Cities

    A recent article posted at NBCNews.com Business uses Zillow’s Break Even Horizon to determine the top 10 cities where renting is more economically sound than buying and how long it takes on average to break even if purchasing a home. This figure is calculated based on the net cost of purchasing a home vs. renting the same house. Here are the top 10 cities renting costs less than buying:

    1.

    Top 10 Cities Where Renting is more economical than buying: New York City.

    Top 10 Cities Where Renting is more economical than buying: New York City.

    New York City, NY. Zillow Break Even Horizon: 5 Years; Zillow Rental Index: $2,016; Annual Change in Zillow Rent Index: 19.4%

    Renting an apartment in the city would save more money than purchasing a home unless you were going to be living in NYC for more than 5 years. The average home price is $462,500. A 20% down payment is going to be $93,000 for a home this much and with the current rate of 3.277% and a 30 year fixed mortgage, you are looking at a monthly mortgage payment of $2,145 which is higher than the current rental index.

    2.

    Top 10 cities where renting is more economical than purchasing: Seattle, WA.

    Top 10 cities where renting is more economical than purchasing: Seattle, WA.

    Seattle, WA. Zillow Break Even Horizon: 4.3 Years; Zillow Rental Index: $1,850; Annual Change in Zillow Rent Index: 4.7%

    Waterfront property in Seattle averages about $392,200 as of December 2012.

    3.

    Top 10 cities where renting is more economical than purchasing: Boston, MA.

    Top 10 cities where renting is more economical than purchasing: Boston, MA.

    Boston, MA. Zillow Break Even Horizon: 3.9 Years; Zillow Rental Index: $2,299; Annual Change in Zillow Rent Index: 11.3%

    Based on 25 new single family homes for sale in Boston, MA, the average home costs $727,200. A 20% down payment is $145,000 with a 3.277% interest rate, your monthly mortgage payment would be $3,334. Renting in Boston on average would be a monthly savings of $1,035.

    Washington, D.C. and San Francisco, CA tied for 4th for the amount of years it would take to break even if purchasing a home.

    4.

    Top 10 cities where renting is more economical than purchasing: Washington, D.C.

    Top 10 cities where renting is more economical than purchasing: Washington, D.C.

    Washington, D.C. Zillow Break Even Horizon: 3.7 Years; Zillow Rental Index: $2,439; Annual Change in Zillow Rent Index: 7%

    There has been an increase in new home development in the D.C. area. As of December last year, the average home cost $402,400 which is up by 10%.

    4.

    Top 10 cities where renting is more economical than purchasing: San Francisco.

    Top 10 cities where renting is more economical than purchasing: San Francisco.

    San Francisco, CA. Zillow Break Even Horizon: 3.9 Years; Zillow Rental Index: $3,281; Annual Change in Zillow Rent Index: 12%

    San Fran has seen an 18% increase in home sale prices year after year! Currently, the average home costs $770,600. A 20% down payment of $154,000 with the current interest rate of 3.277% would be a $3,529 monthly payment. By renting, you would save on average of $248 a month.

    5.

    Top 10 cities where renting is more economical than purchasing: Portland, OR

    Top 10 cities where renting is more economical than purchasing: Portland, OR

    Portland, OR. Zillow Break Even Horizon: 3.6 Years; Zillow Rental Index: $1,423; Annual Change in Zillow Rent Index: 8.6%

    Portland has the most bike commuters in the U.S. Last year, 21.49% of homes sold were sold at a loss, but the average value of homes has risen 8.8% ($257,400).

    6.

    Top 10 cities where renting is more economical than purchasing: San Diego.

    Top 10 cities where renting is more economical than purchasing: San Diego.

    San Diego, CA. Zillow Break Even Horizon: 3.4 Years; Zillow Rental Index: $2,116; Annual Change in Zillow Rent Index: 2.9%

    The average San Diego home value is up 11% making the average home $404,100.

    Los Angeles, CA and San Jose, CA tied for 7th place based upon the number of years it would take to break even after purchasing a home in either location.

    7.

    Top 10 cities where renting is more economical than purchasing: Los Angeles.

    Top 10 cities where renting is more economical than purchasing: Los Angeles.

    Los Angeles, CA. Zillow Break Even Horizon: 3.3 Years; Zillow Rental Index: $2,311; Annual Change in Zillow Rent Index: 2.3%

    Los Angeles has a very high unemployment rate and the home rates dropped about 35% which actually makes L.A. more affordable for home owners. The average home costs $399,800 which was up by 9.7% as of December 2012. If you put down a 20% payment of $80,000 with the 3.277 interest rate with a fixed 30 year mortgage, your monthly payment is going to be $1,863.

    7.

    Top 10 cities where renting is more economical than purchasing: San Jose, CA.

    Top 10 cities where renting is more economical than purchasing: San Jose, CA.

    San Jose, CA. Zillow Break Even Horizon: 3.3 Years; Zillow Rental Index: $2,513; Annual Change in Zillow Rent Index: 4.5%

    San Jose, CA has a lot more people interested in purchasing homes since the average annual income is $92,500. San Jose has a very high employment rate with over 6,000 technology companies. The average home in San Jose is $544,600 so if you put down 20% ($109,000) + 3.277% + 30 years = $2,514 monthly mortgage payment which is $1 higher per month than the current rental index!

    8.

    Top 10 cities where renting is more economical than purchasing: Denver, CO.

    Top 10 cities where renting is more economical than purchasing: Denver, CO.

    Denver, CO. Zillow Break Even Horizon: 2.8 Years; Zillow Rental Index: $1,468; Annual Change in Zillow Rent Index: 9.3%

    As of December 2012, Denver’s average home value was up by 14.1% with the average home costing $233,700.

    9.

    Top 10 cities where renting is more economical than purchasing: Austin, TX.

    Top 10 cities where renting is more economical than purchasing: Austin, TX.

    Austin, TX. Zillow Break Even Horizon: 2.7 Years; Zillow Rental Index: $1,516; Annual Change in Zillow Rent Index: 6.2%

    At the end of last year, Austin had an overall home value increase of 4.7% = $209,900.

    10.

    Top 10 cities where renting is more economical than purchasing: Nashville, TN.

    Top 10 cities where renting is more economical than purchasing: Nashville, TN.

    Nashville, TN. Zillow Break Even Horizon: 2.6 Years; Zillow Rental Index: $1,190; Annual Change in Zillow Rent Index: 3.8%

    The average home cost is now $140,000, which is up by 6%.

    Most of the cities listed above experienced an overall increase last year in their median home values which is great news overall for the market!

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