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.

Embrace Mobile App for Gate Opening

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

Provide Current Parking Map

Supplying a current parking map to multifamily residents reduces congestion and search time. Optimized parking space utilization minimizes the need for excessive infrastructure, potentially lowering maintenance costs. Improved efficiency and resident satisfaction can lead to reduced resident parking fees, contributing to overall cost reduction.

Generate Income from Guest Parking

Generating income from guest parking in multifamily complexes offsets costs. This supplementary revenue can potentially reduce resident parking fees. Efficient utilization of parking resources enhances financial management, contributing to overall cost reduction for residents while maintaining parking quality and accessibility.

Enter Vehicles Instead of Using Tags

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