Property Owners/Managers
Maximizing Revenue and Enhancing Tenant Satisfaction through Internet Reselling in Multi-Tenant Buildings
As a building owner, manager, or investor, it is essential to consistently explore ways to enhance the value of your property and increase revenue. In today’s digital age, one significant amenity that tenants increasingly seek is high-speed internet access. With the rise of online streaming, gaming, remote work and learning, the demand for reliable internet service in multi-tenant buildings such as yours is rapidly increasing.
One strategy to meet this demand and increase revenue for your property is through the reselling of internet services to your tenants. Building owners can usually expect to see monthly profits ranging from $20 to $30 per unit, dependent on the size of the building, with larger buildings yielding greater profits. Most profitable deployments are typically in buildings with between 30 and 1000 tenants, with the majority of building deployments falling between 100-250 tenant size.
Providing high-speed internet to tenants goes beyond just increasing revenue, it can also lead to increased tenant satisfaction and retention. A recent survey by the National Multifamily Housing Council found that internet service was the second most important amenity to renters, behind only in-unit washer and dryers. Furthermore, building owners who provide internet service are likely to see higher retention rates and lower turnover costs, translating to long-term financial benefits for your property.
Providing high-speed internet to tenants goes beyond just increasing revenue, it can also lead to increased tenant satisfaction and retention. A recent survey by the National Multifamily Housing Council found that internet service was the second most important amenity to renters, behind only in-unit washer and dryers. Furthermore, building owners who provide internet service are likely to see higher retention rates and lower turnover costs, translating to long-term financial benefits for your property.
When it comes to internet access, a wired connection into each unit is the most reliable and efficient way to provide internet service to tenants. Wired connections provide a direct and dedicated connection for each tenant, ensuring that the internet service is consistent, secure, and can support the demands of the tenants’ internet usage, such as streaming, gaming, and video conferencing. By also providing wireless routers within each unit, tenants can easily connect all their devices, without additional equipment or setup.
A common alternative is offering building-wide wifi, however, this is far less reliable and also less secure, as wifi signal can be impacted by physical barriers or interference from other electronic devices, performance inside tenants space can be greatly reduced. Additionally, many tenants may need to purchase additional equipment or have trouble connecting wired devices to the internet, causing additional inconvenience and cost, and leading to higher rates of support calls.
At Aditum, we provide an integration and control platform that manages the bulk internet sale, eliminating the need for you to worry about the technicalities. We work with any regional or national carrier that can provide fiber connections to your building, allowing you to focus on providing exceptional service to your tenants and increasing your revenue.
The market trend for internet services in multi-tenant buildings is on the rise, driven by the growing demand for high-speed internet, new technologies, and future market trends. According to the National Multifamily Housing Council, over 90% of new multifamily properties should offer internet service, and industry experts predict that the market for internet services in multi-tenant buildings will continue to grow in the coming years. By offering high-speed internet to your tenants, you are positioning your property to remain competitive in the market and meet the demands of today’s digital world.
At Aditum, we are dedicated to helping building owners like you leverage the opportunities in this growing market by providing a revolutionary solution for landlords and property owners to become internet service providers (ISPs) and monetize their tenant’s internet connection with ease. Our services allow property owners to quickly and efficiently establish themselves as multi-tenant ISPs, providing their tenants with a fast, reliable, and secure internet connection.
Contact one of our Multi-Tenant Internet Provider Resellers to get Connected
Or if you would like to learn more about our multi-tenant internet services, please contact us today and we will be happy to answer any questions you may have.