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

A white, two-story house with a small covered porch supported by four wooden posts. The house has two windows on the upper floor and three on the lower floor, with a modern front door. There is a gravel yard in front, a concrete walkway, and a black fence on the left side. To the right, a large white wall features a colorful mural with the word "HOPE" and other decorative elements.

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.

A round wooden dining table with four matching chairs in a room with white textured walls, a framed tree poster labeled "Iowa," and built-in shelves with books and framed photos.

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. 

A bedroom with a bed, decorative pillows, and a burnt orange throw blanket. A black dresser, a floor mirror, and a portrait painting of a landscape with trees hanging on the wall. An open door leads to a room with a potted plant and a sitting area. A ceiling fan with a light is installed on the ceiling.

+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.

A dark green wavy line used as a background graphic.

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.