Multifamily Apartments
Turn unused parking spaces into a steady source of ancillary revenue for your community.
Why WhereiPark?
Monthly Reports
Use WhereiPark's parking management tool and online portal to keep track of all your parkers while receiving a monthly financial report.
Demand Generation
WhereiPark's online marketplace and dedicated demand team generates demand like no other parking company. Our dedicated demand team focuses heavily on corporate contracts that will fill your spaces with long-term monthly parkers.
Customer Service
WhereiPark manages and processes all deposits, payments, background checks, and reservations through our team of Customer Success professionals.
Keep Residents Safe
Every potential parker is screened through background checks ensuring your residents are safe.
Who We're Working With
Case Study
The Eighth and Grand Apartments in DTLA, developed by Carmel Partners and managed by Greystar, is a mid-rise luxury apartment with 700 residential units and 50,000 square feet of retail (currently anchored by Whole Foods). WhereiPark's partnership with this apartment resulted in:
Spots Rented |
+52 |
|
New Monthly NOI |
$7,020 |
|
New Annualized NOI |
$84,820 |
|
Increase in Asset Value* |
$1,870,000 |
|
*Based on a cap rate of 4.5% |