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.

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Image of Multifamily property for LOMA Success for Randolph, MA, Affordable Housing Community

≈$123K in Property Value Added

LOMA Success for Randolph, MA, Affordable Housing Community - Randolph, MA

Explore how National Flood Experts helped an affordable housing community in Randolph, MA, increase the value of their property by nearly $137,000, remove lender mandates for several buildings, and improve annual NOI by $7,300+. Through NFE’s comprehensive engineering review, three buildings were successfully removed from the high-risk “A” flood zone.

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Unlocking Potential: Transforming a Flood-Zone Property into a Lucrative Investment Opportunity - Buda, TX

Through meticulous assessment and expertise, National Flood Experts successfully confirmed the removal of 20.1 acres from the flood zone, effectively doubling the developable acreage of a parcel in Buda, TX. This game-changing solution not only increased the property value but also played a pivotal role in broadening the buyer pool.

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$1.75MM+ in Added Property Value

NJ & NY Commercial Real Estate Developer Saves $105K+ - Multiple, NJ

In this case study, a New Jersey-based Commercial Real Estate Developer partnered with National Flood Experts (NFE) to reduce annual flood premiums and increase the property value of their multifamily properties in NJ & NY. NFE successfully removed flood insurance mandates from 15 buildings, resulting in approximately $105,000 in annual cost savings and over $1.75 million in increased property value.