Real Results from Real Property
Discover how Get Green NOI has transformed energy performance and increased property values for commercial real estate owners nationwide. This is just one case study.
How Get Green NOI Added $12.7MM of Value To a Multifamily Community in Florida
A 90's vintage garden-style Florida multifamily community's utility expenses were out of control. They tried every trick in the book but to no avail. Finally, they reached out to Get Green NOI.
Projected NOI
Actual NOI Realized
Realized ROI Increase
Property Value Increase
This 90's vintage garden-style multifamily community in Florida was struggling with escalating utility expenses that were significantly impacting their NOI. Despite trying various cost-cutting measures, they couldn't achieve meaningful reductions in their energy and water costs.
The property management team knew they needed a comprehensive solution but weren't sure where to start or how to evaluate the ROI of potential improvements. That's when they contacted Get Green NOI for our proprietary Green Energy Audit.
Our proprietary Green Energy Audit identified four strategic solutions that would work together to maximize energy savings and create new revenue streams:
LED Lighting Conversion
Convert all common area and exterior lighting to high-efficiency LED systems
Low-Flow Plumbing Fixtures
Replace all interior plumbing fixtures with water-efficient alternatives
Solar Infrastructure
Construct solar carports in parking areas plus solar pergolas in exterior amenities
EV Charging Stations
Install five revenue-generating Level 2 dual-port EV charging stations
As a turnkey provider, Get Green NOI simultaneously executed all four projects for the community in less than three months. Our comprehensive project management approach ensured minimal disruption to residents while maintaining the highest quality standards.
"We always joke with our clients that the hardest part of working with us is signing the DocuSign..."
Financial Performance
Based on 4.5% Cap Rate
Additional Benefits
Improved Resident Satisfaction
Renewal rates, satisfaction surveys, and Google Reviews received a huge boost
Enhanced Leasing Appeal
Prospective residents were in awe of the community's dedication to green energy
Reduced Maintenance Burden
On-site maintenance team thrilled with decrease in deferred maintenance work orders
Improved Safety
Community crime plummeted thanks to improved lighting throughout the property
Competitive Advantage
Leasing at all-time high as the only comp in the market with EV charging stations
"Get Green NOI exceeded every expectation we had. Not only did they deliver 121% of their projected savings, but the additional benefits to resident satisfaction and property appeal were beyond what we could have imagined. This partnership added nearly $13 million in property value."
Discover how much value Get Green NOI can add to your real estate portfolio with a comprehensive energy assessment
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