Chicago Property Management Company Achieves 2,000% ROI with AlertAQ™

First published: 
August 17, 2021
7 Months
Payback
48%
Properties with leaks
$75,000
Estimated annual cost savings

A large property management organization responsible for overseeing 40 buildings in the Greater Chicago Area installed Alert Labs water intelligence solutions at 31 of its properties. Forty-eight percent of the properties had an average leak of $5,900 with a total savings opportunity of $75,000. At one 25-unit multi-family residential building, the AlertAQ water intelligence platform identified water cost savings of $17,615/year with an ROI of 2,463%.

The leak alerts and water use analytics from the AlertAQ platform continue to help us better manage costs at our buildings.

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