Multifamily buildings like apartments and condos come with certain facility-wide costs. Maintaining the common areas, grounds, and parking are in everyone’s best interest. But that doesn’t mean your facility maintenance needs to be costly. One way to cut some expense from your budget is to actively improve the way you manage parking. Traditional parking management techniques have worked for a long time, but modern technology has made it possible to upgrade your approach to lighter-weight, more convenient, and less costly solutions.

Change to Mobile Gate Opener App

Transitioning to a mobile gate opener app for multifamily parking reduces costs by eliminating physical access devices. Digital control enhances management efficiency, decreases maintenance expenses, and improves security. This streamlined solution can lead to decreased resident parking fees, contributing to overall cost reduction.

Give Live Parking Area Map

Providing a live parking area map for multifamily residents reduces search time and congestion. Improved space utilization optimizes parking infrastructure, potentially leading to reduced maintenance and expansion costs. Enhanced efficiency and resident satisfaction can contribute to lowering resident parking fees, aiding in overall cost reduction.

Turn Guest Parking into Rentals

Converting guest parking into rental spaces in multifamily complexes generates extra revenue. This supplementary income can offset resident parking costs, potentially leading to fee reductions. Efficient use of parking resources enhances financial management, contributing to overall cost reduction for residents.

Enlist Vehicles Instead of Tagging

Opting for vehicle enlistment instead of traditional tagging in multifamily parking cuts tag production costs. Digital records streamline management, reducing administrative expenses. This efficient process enhances overall operational effectiveness, potentially leading to lower resident parking fees and contributing to cost reduction.