Reclaim Precious Square Footage Through Off-site Package Management

From parking to patios, storage to poolside seating, space is finite at multifamily properties.

Because square footage is directly linked to revenue at apartment communities, it is critical to leverage each inch of real estate and maximize the return on investment (ROI). Every apartment community has unique spaces throughout its design that are ripe with revenue potential. Often, those spaces were designed with a specific purpose in mind but have long since ceased to deliver value to residents or ROI to operators.

Some of the most common culprits in multifamily are package rooms and package locker facilities. In recent years, and particularly since the start of the pandemic, property managers have witnessed the shortcomings of those package solutions. E-commerce trends have created package volume levels that have outpaced the capabilities of package rooms and lockers, forcing operators to find additional space for package storage.

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Reducing operating costs has always been a top priority for property managers and building operators. A proven way to do this is to focus on resident retention. A survey by Avail showed that when residents renew their leases, landlords can save up to $2,500 that would otherwise be allocated toward finding new renters and making updates to units for rent.
"We needed a package management solution that first and foremost improves the resident experience, and also lifts package responsibilities from our team members' shoulders," said Mark-Taylor President John Carlson. "Fetch is the best solution to support our team members while offering residents package delivery service catered to their personal schedules and needs. At Mark-Taylor, we are excited to experience the unique benefits that Fetch will bring to our communities."
Built In Austin
Fetch is growing substantially, having delivered over 10 million packages since its founding. In 2021, they spread to six new markets, including Minneapolis, Raleigh-Durham, Palm Beach, Fort Lauderdale, Miami and Nashville. To further highlight the innovative new tech companies addressing particular needs, Built In Austin curated a list of 22 of the city’s startups to watch in 2022. 
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