Case Study

Multifamily

17 of 21 Buildings Removed from SFHA

Mobile, AL

Image of Multifamily property for 17 of 21 Buildings Removed from SFHA

$50K+ in total savings

Solutions Found:

LOMA

NFE was successful in qualifying 17 of 21 multifamily buildings in Mobile, AL for removal from the SFHA, resulting in nearly $50K NOI increase for the property owners.

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$120,000 in Added Property Value

Lender Mandates Removed For A Multifamily Building in Oklahoma City, OK - Oklahoma City, OK

Discover how NFE successfully removed a multifamily building in Oklahoma, OK, from a complex A flood zone. After conducting a thorough Flood Expert Survey, we obtained FEMA's approval for a LOMA, saving the client nearly $7,200 per year on flood insurance and boosting property value by approx. $120,000.

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Multifamily Property Increases NOI by $10K - Overland Park, KS

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Image of Condominium property for 16 of 18 Buildings Removed from SFHA

$174K in Annual Budgetary Saving

16 of 18 Buildings Removed from SFHA - Palm Harbor, FL

Learn how a Palm Harbor, FL condominium community saved $174K annually on flood insurance premiums after NFE's comprehensive engineering review successfully removed 16 of the 18 buildings from the high-hazard flood zone.