case study
Optimized property in Fort Lauderdale
The building in question, located in Fort Lauderdale, is an existing structure with 24 residential units. Prior to Smart Building US’ intervention, residents were paying an average of $74 per month for their internet service from various well-known providers.
With an investment of $11,250, the building owner was able to reduce the residents’ internet bills by 30% while increasing the economic value of the building by nearly $260,000.
Completed in 2024
Project goals
- Reduce internet service costs for tenants.
- Improve building security.
- Ensure good customer service.
- Increase the economic value of the property.
solutions
Establishing a
Technological Backbone for the building
Installation of High-Speed Wi-Fi Infrastructure: Ensures optimal coverage throughout the building, enhancing internet accessibility and quality for all residents.
Deployment of Connected Security Cameras: Provides continuous surveillance and improved security, helping to maintain a safe environment within the building.
Implementation of a Smart Intercom System: Allows easy and secure access control among residents, streamlining communication and enhancing overall security management.
testimonials
From a financial perspective, the results have been impressive.
We engaged Smart Building US to modernize the infrastructure of our building in Fort Lauderdale, and I couldn’t be more pleased with the outcomes. The investment has not only transformed how we deliver services to our tenants but has also had a highly positive impact on our profitability and the value of our property.
James Carte – Real estate investor
How does Smart Building US contribute to the optimization of this building?
Savings for tenants
Before installation, each tenant paid $74 per month for internet. With the new infrastructure, costs have been reduced to $50 per month, resulting in a savings of $24 per month per resident. This reduction represents a total annual savings of $5,760 for all tenants.
Increase in revenue for the owner
The installation of the new system allowed the owner to offer additional services in the leases. These additions generated extra revenue of $900 per month for the owner, amounting to $10,800 per year.
Increase in the economic value of the building
The modernization of the infrastructure has increased the economic value of the building by nearly $260,000. This increased valuation is attributed to the enhanced amenities offered to tenants, allowing the owner to significantly raise rents.
Improvement in security and management
Connected security cameras have strengthened the building’s surveillance, contributing to a reduction in security incidents and providing greater peace of mind for residents.
The smart intercom now secures the building’s entrances and exits.
Smart Building US’ technical support team now handles resident inquiries, providing peace of mind for owners.
solutions
Exceptional
return on investment
Smart Building US’ intervention has had a significant impact on the management and profitability of this multi-unit building.
By modernizing the network infrastructure and integrating advanced security and communication solutions, Smart Building US has not only enhanced tenant comfort but also enabled the owner to generate new revenue streams and increase the property’s value.
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