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.

Upgrade to App-Driven Gate Opener

Upgrading to an app-driven gate opener for multifamily parking eliminates physical access devices. This digital solution enhances management efficiency, reduces maintenance costs, and improves security. By lowering expenses, it can potentially decrease resident parking fees, contributing to overall cost reduction.

Display Up-to-the-Minute Parking Map

Providing an up-to-the-minute parking map to multifamily residents reduces congestion and search time. Efficient space utilization minimizes excess infrastructure needs, potentially lowering maintenance costs. Improved efficiency and resident satisfaction can lead to reduced resident parking fees, contributing to overall cost reduction.

Generate Revenue with Guest Parking Rentals

Generating revenue through guest parking rentals in multifamily communities offsets costs. This supplementary income can potentially decrease resident parking fees. Effective parking resource utilization enhances financial management, contributing to overall cost reduction for residents while maintaining parking availability and quality.

Logging Automobiles Without Tagging

Logging automobiles without traditional tagging in multifamily parking reduces tag-related expenses. Digital logging streamlines management, cutting administrative costs. This efficient process enhances operational effectiveness, potentially leading to lower resident parking fees and contributing to overall cost reduction.