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.

Shift to Mobile Gate Control App

Adopting a mobile gate control app for multifamily parking eliminates physical access devices. This digital approach enhances management efficiency, decreases maintenance expenses, and improves security. By reducing costs, it contributes to potentially lowering resident parking fees, aiding in overall cost reduction.

Deliver Live Parking Zone Map

Providing a live parking zone map for multifamily residents reduces congestion and search time. Optimized parking utilization minimizes excessive infrastructure needs, potentially lowering maintenance costs. Enhanced efficiency and resident satisfaction can lead to reduced resident parking fees, contributing to overall cost reduction.

Make Money Renting Guest Parking

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

List Vehicles Instead of Tagging

Opting for vehicle listing instead of physical tagging in multifamily parking reduces tag-related expenses. Digital listing streamlines management, cutting administrative costs. This efficient process enhances overall operational effectiveness, potentially leading to lower resident parking fees and contributing to cost reduction.