Turn parking into net operating income
For REITs, TICs, and multifamily owners, EV charging is a new income line that lifts NOI, cap-rate value, and asset appeal — and a differentiator when it's time to sell. It's a durable, additional stream of income for your investors on top of rents.
Why charging is a portfolio play, not just an amenity
Charging touches the two numbers investors care about most — the income statement and the exit.
A new income stream
Rent EV spaces to residents or bill per charge — revenue that didn't exist before, flowing straight to the bottom line.
Higher cap-rate value
New NOI raises the property's valuation. At a 6% cap rate, every $30k of added annual NOI is roughly $500k of asset value.
An easier, stronger sale
Charging is an amenity buyers pay up for and residents increasingly expect — it differentiates the asset at disposition.
Income for your investors
An additional, recurring distribution source for LPs and co-owners, layered on top of rent roll.
Retention & demand
EV-ready parking attracts and keeps residents — a growing share simply won't rent a unit without it.
Value beyond revenue
Future-proofs the electrical service, checks the ESG box, and modernizes the asset for the next hold period.
How the money works in apartments
Two ways to monetize resident charging — reserve and rent EV spaces, or charge per use. Typical figures we model from:
Figures are illustrative averages — we model your actual utilization, electricity rate, and unit mix before any commitment. Try the revenue calculator →
A phased plan that de-risks the capital — 100-unit example
For a first round in residential multifamily, we recommend three phases so utilization proves out before each expansion.
8 × Level 2 (11 kW)
Meet initial resident demand and establish utilization on a modest, incentive-friendly footprint.
+8 × Level 2
Scale capacity as adoption grows across the community — same hardware, simple add-on.
+8 × Level 2 — or 2 × DCFC
Add eight more Level 2, or step up to two DC fast chargers (250 kW+) built for super-fast charging that pulls in daily drivers and traffic from nearby — opening public revenue on top of resident income.
