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.

Move to Mobile Gate Activation App

Shifting to a mobile gate activation app 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.

Deliver Dynamic Parking Display

Providing a dynamic 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.

Lease Your Guest Parking Spaces

Leasing guest parking spaces in multifamily communities generates supplementary income, offsetting costs. This extra revenue can potentially decrease resident parking fees. Effective parking resource management enhances financial stability, contributing to overall cost reduction for residents while maintaining parking quality and accessibility.

Recording Vehicles Without Tagging

Recording vehicles without traditional tagging in multifamily parking reduces tag production costs. Digital records streamline management, cutting administrative expenses. This efficient process enhances operational effectiveness, potentially leading to lower resident parking fees and contributing to cost reduction.