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Flood Insurance Solutions to Increase Multifamily NOI

Lowering flood insurance costs can significantly impact your multifamily NOI. The cost of flood insurance is a significant operating expense for many properties. By eliminating or reducing these expenses, property owners can increase their multifamily NOI, boost property value, and improve profitability.

98%

Win rate with FEMA

15,000+

Structures Reviewed

$1,000,000s

in savings

Ways to Improve Multifamily NOI

  • Reclassification: Reclassifying your property out of the high-risk flood zone can eliminate lender mandates for flood insurance.
  • Insurance Savings: Our engineers look at all aspects of the property and use engineering data to find additional savings within your current policy.

If you're a property owner concerned about the cost of flood insurance, National Flood Experts can help you improve your NOI with unique engineering solutions.

National Flood Experts offers a free initial consultation to review the property and identify potential cost saving solutions to reduce or eliminate flood expenses. Our review process is straightforward, and we only need three documents:

  • Elevation Certificate
  • Flood Declaration Page
  • Site Map

Because of the complexity of the process with FEMA to amend the flood maps and working to help reduce insurance premiums, our services are 100% guaranteed.

Overall, eliminating or reducing flood insurance expenses can significantly impact the NOI of multifamily properties. Through working with our flood experts, property owners can reduce operating expenses and increase profitability. If you're a property owner looking to improve your NOI and reduce flood expenses, contact National Flood Experts to learn how we can help improve the financial performance of your investment.

How it Works

1

Free Desktop Review

2

Discuss Engineering Findings

3

Deliver Solution

Ready to Lower Flood Insurance Costs?

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View Multifamily Case Studies

Image of Multifamily property for RI Affordable Housing Community Adds $142K in Property Value

LOMA Success Saves $8.5K/Year

RI Affordable Housing Community Adds $142K in Property Value - North Kingstown, RI

Learn how National Flood Experts helped an affordable housing community in North Kingstown, RI, increase the value of their property by $142,000, remove lender mandates for five buildings, and improve annual NOI by $8,500+. Through NFE’s comprehensive engineering review, flood expert survey, and advanced modeling services, five buildings were successfully removed from the high-risk “A” flood zone.

Image of Multifamily property for Lender Mandates Removed For A Multifamily Property in Spartanburg, SC

$228,000 in Added Property Value

Lender Mandates Removed For A Multifamily Property in Spartanburg, SC - Spartanburg, SC

National Flood Experts (NFE) delivered substantial savings for a multifamily property owner in Spartanburg, South Carolina. Utilizing advanced research and practical solutions like Flood Expert Survey (FES) and Letter of Map Amendment (LOMA), NFE successfully removed four buildings from the Special Flood Hazard Area. This led to nearly $14,000 in annual flood insurance savings and an impressive $228,000+ boost in property value.

Image of Multifamily property for Commercial Development Firm Adds $111K in Property Value

$111,000 in Added Property Value

Commercial Development Firm Adds $111K in Property Value - Tucson, AZ

In Tucson, AZ, a client had $5,500 per year in flood insurance expenses on two apartment buildings in the AE flood zone. SPOILER ALERT: Not anymore.

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Lower Your Flood Insurance Costs With Innovative Solutions

Let’s find the hidden savings on your property today!

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