A great article from the Multifamily Dive e-newsletter (I highly recommend you subscribe…it’s free). The article addresses the extent of the need for multifamily properties in providing EV (electric vehicle) charging stations. As some residents at properties are likely now driving EVs, there is an obvious need for charging on site. But the question is: How many charging stations is adequate? While there are government incentives offsetting the cost of installation, the question remains as to the number of stations needed. The article addressees eight factors owners and operators should consider relative to providing stations at their properties.  

 

 

Svikhart & Associates, a Salt Lake City-based real estate services company, focuses on asset management, brokerage listings and sales, and all aspects of a multifamily investment. Specific diligence regards property operations and strategies to maximize asset performance and value. Additionally, the firm assists owners regarding economic, financial and market factors that impact returns on investment. The firm targets ‘Mid-Tier’ assets which it defines generally as 10-to-60-unit properties.

 

Please find us at svikhart.com or contact us at 801-550-5684 to learn about the real estate services the firm provides. To subscribe to the firm’s newsletter addressing events of the day please follow this link Newsletters.