Expectation:
The owner sought to meet residents’ home EV charging needs and position itself toward premium residents who are more likely to be environmentally conscious.
EV Charging Solution:
Mekel helped the client deploy 8 DC fast EV charging piles and 20 AC EV charging stations, installed in the underground parking lot, supporting time-share management and App reservation. Residents can schedule overnight charging via the property management app.
Result:
Property Premium: Client’s apartment units with EV charging facilities sold for 7% higher than comparable properties, and the rental rate increased by 12%, with increased overall satisfaction rate from residents.
Breakeven Point: Through EV charging service fees and higher property management fees, the payback period is 2.5 years
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