MTR Portfolio: +35% Rent Growth Without Losing Occupancy
the prohosts difference
✦︎
the prohosts difference ✦︎
We took over a mismanaged 14 unit MTR portfolio in Cedar Rapids, IA and in 1 year increased rents 20–60% across multiple units while keeping occupancy strong.
+35%
average rent increase
+66%
rent increase on one unit
+90%
multiple units at 90+% occupancy
4.8-5.0
star
ratings
The Portfolio was Occupied and Underperforming
Rents 20–60+% below market
No effective pricing strategy
Weak listings
Reactive operations
Result:
Stable on paper. Not optimized for profit in reality.
We Rebuilt the System
Reset pricing to market and demand-based rules
Repositioned listings for better guests
Layered STR on top of MTR for premium demand
Focused on high quality customer service
Installed structured operations
Result:
Better guests. Stronger demand. Higher rates. More profit.
+35% Average Rent Growth
Multiple units up 40–60+%
Strong occupancy maintained year round with STR/MTR hybrid
We didn’t drop prices to stay full. We raised prices and used strategy to maintain demand.
Better guests
→
Better reviews
→
Stronger demand
→
Higher pricing power
→
Better guests → Better reviews → Stronger demand → Higher pricing power →
If You’re Fully Occupied, You’re Probably Underpriced
If your property stays booked but revenue feels capped, you’re leaving money on the table.