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 Your Gate with Mobile App Access

Upgrading the gate with mobile app access 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.

Offer Interactive Parking Display

Providing an interactive parking display to multifamily residents reduces search time and congestion. Optimized space utilization minimizes excessive infrastructure, potentially lowering maintenance costs. Enhanced efficiency and resident satisfaction can lead to reduced resident parking fees, contributing to overall cost reduction.

Make Money by Renting Guest Parking

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

Documenting Cars Instead of Using Tags

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