Idle Property Capacity During Eviction Turnover
Definition
Post-eviction property preparation including cleaning, painting, and repairs causes vacancy periods, with turnover costs averaging $1,000-$5,000 and additional $1,750 in holding expenses. This delays re-rental and creates lost sales opportunities from unoccupied units. Processes can extend total downtime to 3-4 weeks or more.
Key Findings
- Financial Impact: $1,000-$5,000+ per turnover
- Frequency: Per eviction - recurring after each legal removal
- Root Cause: Time required for physical property preparation and legal enforcement delays in coordination
Why This Matters
This pain point represents a significant opportunity for B2B solutions targeting Leasing Residential Real Estate.
Affected Stakeholders
Maintenance teams, Property managers, Leasing coordinators
Deep Analysis (Premium)
Financial Impact
$1,000-$3,000 per unit (lower rents); lost occupancy during high-demand student move-in periods; $162,000+ annually across portfolio with high turnover โข $1,000-$3,000 per unit minimum (lower rents than corporate); compounded loss if vacancy extends beyond student move-in windows; $162,000+ annually across portfolio at 40% turnover rate (90 units ร $1,800 average) โข $1,000-$5,000 per turnover event; $1,750 holding costs; delayed re-rental means lost revenue stream
Current Workarounds
Email coordination with corporate clients; manual calendar scheduling; paper checklists for turnover readiness; phone calls to coordinate showings โข Eviction Coordinator manually enters turnover notes into PMS; paper-based work order submission to maintenance; phone calls to check repair status; informal spreadsheet tracking vacancy timeline โข Excel spreadsheet + phone/email chains to coordinate cleaning, repairs, and unit readiness; manual status tracking
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
Excessive Legal and Court Fees in Eviction Filings
Lost Rental Income from Eviction Delays
Failure to Return Security Deposits Within Legal Deadlines
Improper Escrow Storage of Security Deposits
Unauthorized Withholding of Security Deposits
Afterโhours and emergency call handling driving avoidable maintenance labor premiums
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