LEHI, Utah, Dec. 12, 2024 /PRNewswire/ -- Multifamily property owners and operators are missing out on billions in untapped revenue by failing to optimize parking prices, according to the Multifamily Parking Intelligence Report. This report contains the largest dataset of multifamily parking prices ever compiled.
The report, leveraging Neighbor`s proprietary marketplace data and a survey of hundreds of multifamily properties across 10 major U.S. markets, reveals that parking spaces are systematically underpriced in 8 of 10 markets. This mispricing represents a critical opportunity to boost Net Operating Income (NOI) without increasing resident rents.
...moreRSK: Kind of an advertorial but still interesting.
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- - Volume: 24 - WEEK: 51 Date: 12/17/2024 3:43:22 PM -