Case Study

How Owner-Controlled Data & Digital Infrastructure Delivered ~$6.3M in Asset Value on a New-Build Multifamily Property

299-Unit Class A Multifamily | New Construction (2020) | Traded 2023

~$6.3M Asset value created
$0 net Owner data & digital infrastructure investment
$268K Annual NOI increase

The Situation

A 299-unit Class A multifamily property was under development with a 2020 delivery date. The original plans called for conventional low-voltage systems: separate vendor-specific cabling for access control, video surveillance, smart locks, and tenant WiFi, each with its own hub, repeater, and closet requirements. The resulting design included redundant cable runs, dedicated in-unit and corridor hardware for each vendor system, and closet space that could otherwise be rentable square footage.

The owner had a choice: build the conventional way and inherit fragmented, vendor-locked data and digital infrastructure from day one, or bring in a partner to design owner-controlled data and digital infrastructure before the walls closed.

What OpticWise Did

OpticWise engaged during design through its Digital Infrastructure Engine™, a process that applies the SIC® (Security, Infrastructure, and Connectivity) engineering standard to consolidate the entire low-voltage and data and digital infrastructure design before construction begins. Instead of building separate networks for each building system, OpticWise designed a single owner-controlled backbone that carries all systems on one converged, segmented, and governed network.

Daytime courtyard and facade of a 299-unit Class A multifamily property built in 2020
299-unit Class A multifamily property, built 2020

The Digital Infrastructure Engine™ eliminated redundant IDF closets, vendor-specific hub and repeater hardware, and duplicate cabling runs. That consolidation freed enough square footage to create three additional rentable units that did not exist in the original plan. It also removed approximately $355,000 in construction costs that would have been spent on conventional, fragmented low-voltage systems.

After construction, OpticWise implemented and now operates the property’s data and digital infrastructure under a managed services agreement: 5S® WiFi delivered as a tenant amenity, building automation monitoring via the BoT® (Building of Things®) platform, and the owner-controlled intelligence layer enabling utilities optimization, insurance narrative improvement, and operational efficiency. The engagement follows the PPP 5C™ plan: Clarify, Connect, Collect, Coordinate, Control.

The Results

The Investment

Because OpticWise was engaged during design, the Digital Infrastructure Engine™ savings exceeded the total cost of the owner-controlled data and digital infrastructure. The owner was cash-positive before operations began.

Data and digital infrastructure investment per unit and for the 299-unit property
Per UnitProperty (299 Units)
Gross data & digital infrastructure CapEx$975$291,579
Digital Infrastructure Engine™ savings($1,187)($355,000)
Net owner position($212)($63,421)

The owner invested nothing net. The Digital Infrastructure Engine™ paid for the entire data and digital infrastructure and returned $63,421 to the project budget.

Annual NOI Impact

With owner-controlled data and digital infrastructure in place, OpticWise activated both the income stack and the expense stack, generating NOI from day one of operations.

Annual NOI impact by income stack and expense stack
Per UnitProperty (299 Units)
Income Stack
5S® WiFi + ancillary tenant services$624$186,576
3 recaptured units ($1,700/mo)$61,200
Expense Stack (Big Three Plays)
Utilities savings$36$10,764
Insurance savings$22$6,578
BoT® reduced OT OpEx$12$3,588
Total annual NOI increase$268,706

Asset Value Created

Capitalized at a 4.25% market cap rate, the annual NOI maps directly to asset valuation.

Capitalized asset value created at a 4.25 percent cap rate
MetricValue
Capitalized operating NOI ($207,506 at 4.25%)$4,882,494
Capitalized rental NOI, 3 recaptured units ($61,200 at 4.25%)$1,440,000
Total implied asset value created~$6,322,494
Net data & digital infrastructure investment($63,421)
Payback periodImmediate (cash-positive at completion)

What Changed

This property proves a principle that changes how owners should think about new construction: when data and digital infrastructure is designed as a single owner-controlled system from the start, it costs less than the conventional approach, generates recurring NOI from operations, and creates rentable space that would otherwise be consumed by vendor equipment.

The financial model above captures only direct NOI impact. Additional value from being future-ready and AI-capable, including data ownership, operational automation, and long-term competitive positioning, represents significant incremental upside not reflected in these figures.

The property traded in 2023. The data and digital infrastructure, and all the NOI it produces, transferred with the asset as a financeable revenue line.

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