Are you thinking about building an income-producing property but don’t know which floor plan to choose? Rainwater Coastal Construction is here to help you explore the features and benefits of different types of floor plans, helping you make the right decision for your next real estate project on Oak Island and beyond.
When choosing a floor plan, it’s important to take into account the type of property and its intended purpose - whether it's a vacation rental, long-term rental, or a combination. Different properties may require different configurations to maximize profits based on the size of the lot, location, and of course, your budget. Additionally, your floor plan should help maximize rental return on investment by providing tenants with a range of amenities that meets their needs and expectations. We are no strangers at a variety of pool, docks, and boat slip installations.
One popular option for income producing properties is open-concept layouts. An open-concept layout can provide plenty of space for entertaining guests or hosting parties while still allowing for functional areas such as kitchenettes and bathrooms. This type of design makes it easier to create multiple smaller living spaces from one large area, increasing the number of potential tenants and thus maximizing rental returns.
Take a peek at some of our favorite floor plans that we feel will maximize your property's income earning potential.
No matter what type of income producing property you decide to build, selecting the right floor plan for your needs is key to its success. With so many options available nowadays, there’s no shortage of ways that you can design a functional yet comfortable living environment. Let's get started looking at the best floor plans for your goals and budget today!