Whether you manage residential or commercial properties, parking spaces are essentially prime real estate that, until now, have offered limited revenue opportunities and been expensive to maintain for buildings owners and property managers. Smart parking solutions need to be more than “easy pay” applications. Having accurate usage data of all your parking stalls enables the development of a comprehensive parking asset profile that can help you increase your NOI and your long-term property values without having to invest a lot of time or money.
The eleven-x Smart Parking Solution includes everything you need to get started quickly and easily:
Brian Prudham, Principal at Momentum Developments, talks about Smart Parking and how using usage data from stall-based occupancy monitoring is helping them improve customer experience while increasing revenues.