For property owners, Mereo’s data infrastructure and bulk model / economical enables building owners to develop a new and substantial recurring revenue stream.
Advanced technology within the building increases tenant demand, enabling owners to charge higher rents per unit while increasing occupancy of the building.
At a 5% cap rate, the increase in property value resulting from additional NOI generated from Mereo has potential to increase the value of a single property by 3.5% - 6.7%.
We will build out the network itself at little to-no-cost to the building owner, further driving the value proposition to building owners.
contact our sales department to request more information and a personalized quote for your business