Case Study

Multifamily

Houston Multifamily Increases NOI by $33K

Houston, TX

Image of Multifamily property for Houston Multifamily Increases NOI by $33K

$33K NOI Increase

Solutions Found:

LOMA

In total, NFE solutions resulted in $550,000 in added property value (assuming a 6% CAP Rate) and a $33,000 boost in NOI for a multifamily property on Bissonnet St in Houston, TX.

Using data provided by the client, our engineers qualified six (6) of 27 buildings for removal from the flood zone, adding $13,000 in NOI by removing associated lender-mandated food insurance expenses. Upon further analysis of in-house historical area data, the engineering team recommended we visit the property to gather additional data points on the remaining buildings.

After completing our Flood Expert Survey, eight (8) more buildings qualified for removal from the flood zone, resulting in an additional $20,000 in added NOI for the owner.

View Other Case Studies

Image of Multifamily property for New Mexico Multifamily Property Increases NOI by $18.6K

$310,000+ Added Property Value

New Mexico Multifamily Property Increases NOI by $18.6K - Bernalillo, NM

Learn how NFE's comprehensive review process eliminated lender mandates for flood insurance, saving a New Mexico multifamily property $18.6K annually while also increasing property value by $310K.

Image of Commercial property for Over $110,000 Reduction in Flood Insurance Premiums, Resulting to $1.8MM+ in Added Property Value

$1.8MM+ in Added Property Value

Over $110,000 Reduction in Flood Insurance Premiums, Resulting to $1.8MM+ in Added Property Value - San Jose, CA

Read how NFE helped a commercial real-estate portfolio save over $110,000 in premiums and increase property value by $1.8+ million across several retail & hotel properties in Hawaii and California.

Image of Multifamily property for RI Affordable Housing Community Adds $142K in Property Value

LOMA Success Saves $8.5K/Year

RI Affordable Housing Community Adds $142K in Property Value - North Kingstown, RI

Learn how National Flood Experts helped an affordable housing community in North Kingstown, RI, increase the value of their property by $142,000, remove lender mandates for five buildings, and improve annual NOI by $8,500+. Through NFE’s comprehensive engineering review, flood expert survey, and advanced modeling services, five buildings were successfully removed from the high-risk “A” flood zone.