Multifamily Housing brochure
Owners and property managers of multifamily dwellings have significant opportunities to save both money and energy through energy efficient operations. PGE needed a clear, straightforward way to convey these benefits to building owners in the area. This was a fun project and the people at PGE were wonderful. We brainstormed the main ideas and I wrote up the content for the brochure. The designers did a great job with the layout. View Multifamily Housing brochure (pdf).
Improve your bottom line through energy efficiency
- Reduce operating expenses
- Increase net operating income
- Increase property value
- Reduce tenant turnover rates
Add up the savings: Consider increasing your property value with smart energy savings.
For example, let’s say Evergreen Properties manages a 20 unit property for a client that generates $98,100 in annual net operating income. Assuming a cap rate of 6.5 percent, the building is worth $1,509,231.
Evergreen makes the following upgrades:
- Common area lighting retrofit (hallways, staircase, entry way, exterior)
- Laundry room upgrade (replaced washing machines with high-efficiency models)
These improvements yielded $3,000 in savings on the property’s utility bills. With a 6.5 percent cap rate, these savings translate into $46,154 in added property value.
For full text of the brochure, view Multifamily Housing PDF.
