Unlocking New Revenue Streams: How Smart Connectivity is Transforming Multifamily Real Estate

The multifamily housing industry is in the middle of a technological revolution. Smart building systems, electronic access control, and cloud-based management tools are no longer optional—they're becoming industry standards. Property owners and operators who invest in these innovations now are not just enhancing resident experiences; they're increasing property values, reducing operational costs, and unlocking new revenue streams.

The Shift Toward Smart Connectivity

Recent data underscores this transformation: ?? 70% of multifamily properties have electronic access control systems in place. ?? 76% of owners plan to upgrade or replace their systems within the next two years. ?? 53% of residents are more concerned about security than five years ago. ?? The cost of legacy phone lines is increasing 4-10x, forcing operators to seek alternative connectivity solutions.

These numbers tell a clear story: smart connectivity is no longer a luxury—it’s a necessity.

How Wifiplex is Driving NOI Growth

At Wifiplex, we’ve worked with 3,500+ buildings and 49,000+ units, helping property owners future-proof their buildings while increasing their net operating income (NOI). Our dedicated Wi-Fi networks provide seamless, high-speed internet that powers modern multifamily operations and resident experiences.

The financial impact? Our solution adds an average of $50 per unit in new monthly revenue while reducing telecom-related operational costs.

But the benefits don’t stop there:

? Boost Property Value – Properties with smart building infrastructure see higher appraisals and increased marketability. Investors and buyers recognize the value of modern tech, pushing asset valuations upward.

? Enable Smart Building Technology – Our network infrastructure supports smart locks, leak detection, intercoms, and other connected systems—all running efficiently on a dedicated admin network.

? Enhance Resident Experience & Security – Cloud-based access control, video intercoms, and remote monitoring systems work seamlessly when backed by reliable, high-performance connectivity. Residents benefit from a safer, more convenient living experience, leading to higher retention rates.

? Eliminate Legacy Costs – Many properties are still paying for outdated telecom systems that increase expenses without adding value. Wifiplex removes the need for costly legacy infrastructure, future-proofing buildings against rising operational costs.

Future-Proofing Multifamily Investments

As the demand for smart buildings continues to grow, owners who invest in connectivity today will lead the market tomorrow. The shift toward cloud-based access control, mobile credentials, and self-guided tours is just the beginning.

The question is no longer if properties should upgrade—it’s when.

At Wifiplex, we help multifamily operators maximize cash flow, increase asset values, and enhance resident experiences through next-generation connectivity solutions.

?? Let’s talk about how we can help you future-proof your building.