Win rate with FEMA
Ways to Improve Multifamily NOI
- Reclassification: Reclassifying your property out of the high-risk flood zone can lower the cost of flood insurance premiums and reduce the risk of flood damage.
- 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 flood mitigation strategies.
National Flood Experts offers a free initial consultation to review the property and identify potential flood mitigation measures 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 flood expenses can significantly impact the NOI of multifamily properties. By implementing effective flood mitigation measures, 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 a National Flood Expert to learn how we can help protect your investment.
How it Works
Free Desktop Review
Discuss Engineering Findings
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View Multifamily Case Studies
Wisconsin Multifamily Property Successfully Removed from SFHA - Fond du Lac, WI
NFE successfully reclassified an entire Multifamily property in Fond du Lac, WI out of the high-hazard flood zone. Resulting in $11K year-over-year flood insurance savings and improving the property value by $175K!
MD Multifamily Property - $48K NOI Increase - Dundalk, MD
A 60 building property just outside of Baltimore, MD, saved $48,000 in flood insurance premiums after our engineering review qualified 11 buildings for removal from the flood zone, removing the lender mandate for flood insurance.
Multifamily Property Adds $75K in Value - Texarkana, AR
Learn how National Flood Experts helped a client increase the value of their multifamily property in Texarkana, AR, by $75,500. Through NFE’s comprehensive engineering review, one building was successfully removed from the high-risk flood zone, eliminating the lender mandate for flood insurance and decreasing annual expenses by $4,500+ while also increasing property value.