/Savvy Tips: Parking Savings
Savvy Tips Parking Savings

Savvy Tips: Parking Savings

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 Opener Application

Adopting a mobile gate opener 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.

Share Real-Time Parking View

Providing a real-time parking view to multifamily residents reduces congestion and search time. Enhanced space utilization minimizes unnecessary infrastructure, potentially lowering maintenance costs. Improved efficiency and resident satisfaction can lead to reduced resident parking fees, contributing to overall cost reduction.

Offer Guest Parking Space Rentals

Offering guest parking space rentals in multifamily communities generates supplementary income. This additional revenue can offset resident parking costs, potentially leading to fee reductions. Efficient utilization of parking resources enhances financial management, contributing to overall cost reduction for residents.

Record Automobiles Instead of Tags

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