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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$108,000 in Added Property Value

Reducing Insurance Costs and Boosting Property Value in a High-Risk Flood Zone - Albuquerque, NM

Explore how a multifamily property in Albuquerque, NM, eliminated its annual flood insurance costs and how NFE’s Flood Expert Survey helped remove the property from the SFHA, raising the overall property value by over $108,000.

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

$33K NOI Increase

Houston Multifamily Increases NOI by $33K - Houston, TX

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.

Image of Multifamily property for Affordable Housing Community Wins Big

≈$137K in Property Value Added

Affordable Housing Community Wins Big - Brewster, MA

Learn how National Flood Experts helped a property management client increase the value of their multifamily affordable housing property in Brewster, MA, by nearly $137,000. Through NFE’s comprehensive engineering review, three buildings were successfully removed from the high-risk “A” flood zone, eliminating the lender mandate for flood insurance and decreasing annual expenses by $8,000+ while increasing property value.