Case Study

Commercial

Lahaina, HI Property Saves $73K

Lahaina, HI

Image of Commercial property for Lahaina, HI Property Saves $73K

$73K NOI Increase

Solutions Found:

LOMA

Solution Value: $73,000

Solution Type: LOMA

On the island of Maui, in Lahaina, HI, our team identified ≈ $73,000 in cost savings for a commercial property less than a stone's throw from the shores of the Pacific Ocean.

Our engineers obtained a LOMA, re-zoning the four strip-mall style commercial buildings from high-risk AE flood zone to low-risk X-zone utilizing property-specific engineering data.

What does this mean for the client?

• Removal of lender-mandated flood insurance

• ≈ $73,000 back to the bottom line

• Instant increase in property value

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