Convert and Maximize your Property’s Potential with Docked Living
Are you a property owner looking to maximize your rental income while reducing the hassle of property management? Let Docked Living transform your property into a high-performing asset by adding it to our exclusive co-living portfolio.
Docked Living offers a comprehensive property management solution tailored to the growing demand for co-living spaces. Our experience in optimizing properties ensures you receive a stable and consistent income while we handle everything from marketing to maintenance.
Higher Revenue
We convert traditional properties into co-living spaces, allowing you to earn significantly more than standard single-family rentals.
More Income Stability
With our co-living model, occupancy rates tend to be higher and more consistent. This results in steady cash flow, reducing the uncertainty often associated with traditional rentals.
Easier Management
We handle everything – from advertising vacancies to managing tenant requests and coordinating repairs. Our team of experts simplifies property management, allowing you to enjoy the benefits without the headaches.
Co-Living Conversion Expertise
We help you transform your property into a high-demand co-living space, from design and setup to compliance with local regulations.
Traditional Rental vs.
Co-Living House
By leveraging the co-living model, you can significantly increase your property's earning potential while enjoying the peace of mind that comes with professional management.
Example.
6-Unit Docked Co-Living Property
Ready to Maximize Your Property's Potential?
Our experienced team is here to help you every step of the way. Let's discuss how Docked Living can transform your property into a reliable source of income.
Docked Living Management FAQs
-
The U.S. has a housing shortage of 4.5 million homes. Docked’s recession-resistant model offers higher yield per square foot and stability (we have never had a $0 month).
Docked Living provides an affordable and innovative user centered housing solution in response to the U.S. housing crisis, meeting the growing demand for affordable and flexible living spaces. -
Absolutely! Docked manages everything from design and construction to marketing and property management.
Docked has successfully built or adapted numerous differently-sized properties for posterior co-living operation, and counts with proficient in-place systems and brand recognition. -
Docked's skilled management team handles all aspects, including occupancy, collections, reporting, and strict user underwriting.
-
Typical profile: 20-40 years old with monthly incomes over $3,000, with no eviction or criminal records.
Typical professions: nurses and medical staff, small business owners, web developers, chefs, and graphic designers, among others.
Feel free to check out our users’ Google reviews here. -
Operating since 2018, Docked has a solid history of managing both co-living and traditional rentals, maintaining strong payment collections even during economic challenges such as the COVID pandemic.
-
Historically, we have been able to appraise our SFR co-living properties at an exit cap rate of 7.2%. Nonetheless, this depends on the market where the property is operating.
Overall, co-living allows owners to get a higher valuation on their single family rentals. -
Yes! Docked manages both co-living spaces and traditional rentals at competitive rates. Reach out for more details!
“This place is a gem. Beautifully designed, quaint, cozy and elegant at a great price. Located in a great spot. Really enjoyed my time living here :) would recommend for anyone who is looking for a place to live.”
“This is such a beautiful space and exactly what is needed for anyone wanting to live intentionally and affordably, in community while cultivating their dreams. I hope to see more places like this and less high rises.”
“Docked has a beautiful atmosphere inside and out with fresh new amenities and a community that supports each other. I’d recommend community co op living for anyone looking for a new experience or would like love and support for a transitional period in their life!”