Top 11 ROI Drivers for your Smart Community
Congratulations! Either you’re already investing in smart technology for your properties, are considering investing while weighing your options, crunching numbers and listening to value propositions of the various companies competing in the space, or you’re a property manager tasked with selling an additional amenity to provide a leg up on the competition. In the end, this technology will not just be something to contemplate but will be an incredible tool driving a new era in modern apartment living.
However, many companies look at just rent premium increases as their default Net Operating Income to assess ROI. While that may be a simple way to gauge value if selling a property, the value play is also impacted by numerous other factors, some of which are listed below: