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

View Other Case Studies

Image of Multifamily property for Multifamily Property Increases NOI by $10K

$166,000 in Added Property Value

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

Discover how a multifamily property owner in Overland Park, KS, added approximately $166,000 in property value and increased NOI by nearly $10,000 by working with National Flood Experts (NFE) thanks to an introduction from their insurance broker.

Image of Residential property for NH Homeowner Relieved of Rising Flood Insurance Costs

Flood Insurance Mandates Removed

NH Homeowner Relieved of Rising Flood Insurance Costs - Bedford, NH

A homeowner in Bedford, NH, faced skyrocketing flood insurance premiums, nearly doubling their mortgage payments. They sought relief and their insurance agent recommended NFE as a trusted partner. NFE conducted a complimentary engineering review, qualifying the property for a LOMA. NFE assisted throughout the FEMA submission process, addressing RFIs and ensuring smooth progress. The homeowner obtained a LOMA, eliminating the need for flood insurance, improving property value and marketability.

Image of Multifamily property for Real Estate Portfolio Secures $14.7K Annual Insurance Savings

$245K+ in Added Property Value

Real Estate Portfolio Secures $14.7K Annual Insurance Savings - Clarkston, GA

From overwhelming challenges to remarkable success, National Flood Experts secures $14.7K in savings and $245K in added property value for an Atlanta-based Property management company's Clarkston, GA, multifamily property. By completing an extensive review and comprehensive Flood Expert Survey (FES), NFE successfully eliminated the lender mandate for flood insurance, unlocking the full financial potential of the client's property. Click to read more.