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

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.

See how we can help your apartment and condo buildings.