What is the Make Ready Process in Multifamily Real Estate?
What is the Make Ready Process?
The make-ready process in multifamily real estate refers to the steps taken to prepare a vacant unit for a new tenant, ensuring it is clean, functional, and move-in ready.
Key Steps in the Make-Ready Process:
- Inspection & Turnover Assessment – The unit is inspected for damages, maintenance issues, and any needed repairs.
- Repairs & Maintenance – Necessary fixes are completed, such as painting, plumbing, electrical work, and appliance repairs.
- Deep Cleaning – The unit is professionally cleaned, including carpets, floors, kitchens, and bathrooms.
- Final Walkthrough & Quality Check – A final inspection is performed to ensure everything meets property standards before marketing or leasing the unit.
- Marketing & Leasing – Once ready, the unit is photographed and listed for prospective tenants.
A well-executed make-ready process minimizes vacancy time and maximizes rental income while maintaining high-quality living standards.
