Quantcast

More multi-unit complex rentals means more competition - KOAM TV 7

More multi-unit complex rentals means more competition in Pittsburg

Updated:

Over the last five years the city of Pittsburg has seen more multi-plex housing coming in.

More than half of Pittsburg properties are rentals and Tim Kundiger of SLB Property Management says there was a need for single bedroom housing, which most of the newer complexes accommodate.

"The general concern the last several years has been is that going to hurt our occupancy rate," says Tim Kundiger of SLB Property Management.  "Fortunately it hasn't with the college growing as it has been.  We haven't really seen any loss of our occupancy."

Kundiger manages many multi-complex housing units and rental homes.  He says properly managed rentals are what keeps the market competitive.

"I think that is what really keeps you above the rest - it's more of a what your quality is of the property that you're renting now as opposed to really what your rental price is," says Kundiger.  "If you have a decent property that you can rent, you're not going to have any problems."

Kundiger says some lesser quality homes are probably hurting, as he has seen more of those homes for sale.

"With the construction of these apartments and small apartment complexes, you're going to see more and more of these get rented and less and less of the older type homes," says Kundiger.

City of Pittsburg Public Works Director Bill Beasley says his office has had many questions about potentially building more.

Beasley says home rentals are still happening but these types are generally geared toward college students.

"Primarily they are in the south end of town around the University," says Beasley.  "I think as land becomes available I would see more of these constructed."

"My bigger concern would be the long-term - three to five years down the road when these apartment complexes require maintenance, routine maintenance," says Kundiger.  "Is that going to be taken care of by the owners or not?  We don't want to have a short term gain by bettering the community then have a long term problem."

  • Local NewsMore>>

  • Joplin city officials hope sewer project improves nearby river quality

    Joplin city officials hope sewer project improves nearby river quality

    Thursday, July 31 2014 5:43 PM EDT2014-07-31 21:43:09 GMT
    ...the EPA has set an advisory against eating shell fish from Spring River because of a high heavy metal count.More >>
    ...the EPA has set an advisory against eating shell fish from Spring River because of a high heavy metal count.More >>
  • This Week's Joplin Farmers Market downsizes, relocates

    This Week's Joplin Farmers Market downsizes, relocates

    Thursday, July 31 2014 1:15 PM EDT2014-07-31 17:15:36 GMT
    Joplin, MO - Due to an event in Ewert Park this weekend, Joplin Farmers Market will not be held in its usual location. Instead, several vendors will move to the Joplin Memorial Hall parking lot on Thursday from 4:30 – 7 p.m. and on Saturday, from 10 a.m. to 2 p.m.This week’s market will include fresh produce including tomatoes, cantaloupe, peppers, cucumbers and green beans. Not all of the vendors will at the market this week.City officials say the Farmers Market will resume its normal operat...More >>
    Joplin, MO - Due to an event in Ewert Park this weekend, Joplin Farmers Market will not be held in its usual location. Instead, several vendors will move to the Joplin Memorial Hall parking lot on Thursday from 4:30 – 7 p.m. and on Saturday, from 10 a.m. to 2 p.m.This week’s market will include fresh produce including tomatoes, cantaloupe, peppers, cucumbers and green beans. Not all of the vendors will at the market this week.City officials say the Farmers Market will resume its normal operat...More >>
  • Joplin Parks & Recreation releases survey results

    Joplin Parks & Recreation releases survey results

    Thursday, July 31 2014 11:20 AM EDT2014-07-31 15:20:39 GMT
    Joplin, MO - Earlier in the year, Joplin Parks and Recreation launched two surveys to ascertain the public’s thoughts of the department’s services. The first survey was a Community Attitude and Interest Survey, and the second survey was for users of Schifferdecker Golf Course. The Community Attitude and Interest Survey ran through May, June and July of 2014. The survey’s objective was to establish priorities for future improvements to our parks and recreation facilities, programs and servic...More >>
    Joplin, MO - Earlier in the year, Joplin Parks and Recreation launched two surveys to ascertain the public’s thoughts of the department’s services. The first survey was a Community Attitude and Interest Survey, and the second survey was for users of Schifferdecker Golf Course. The Community Attitude and Interest Survey ran through May, June and July of 2014. The survey’s objective was to establish priorities for future improvements to our parks and recreation facilities, programs and servic...More >>
Powered by WorldNow

KOAM - Licensed to Pittsburg, Kansas
Send tips, ideas and press releases to: tips@koamtv.com
Send newsroom questions or comments to: comments@koamtv.com
Phone: (417) 624-0233 or (620) 231-0400
Web comments or questions: webmaster@koamtv.com
Newsroom Fax: (417) 624-3158

Powered by WorldNow All content © Copyright 2000 - 2014 WorldNow and KOAM. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.