What Better Data & Digital Infrastructure Can Be Worth
Add $500–$600 per door per year in multifamily, or $0.60–$0.90 per rentable square foot per year in multi-tenant office.
If you don't own your data & digital infrastructure, your vendors do.
What this earns you
- Multifamily: $500–$600 per door per year
- Multi-tenant office: $0.60–$0.90 per RSF per year
The realistic compounded effect of the Big Three Plays (utilities, insurance, occupancy) once you control the data & digital infrastructure underneath. Capitalize at a market cap rate and a 300-unit asset yields several million dollars in additional asset value at exit.
299 units · Class A · Built 2020 · Traded 2023
~$6.3M in implied asset value on a new-build multifamily property. The Digital Infrastructure Engine™ paid for itself before operations began. Annual NOI increased $268,706. Net owner investment: $0.
| Per unit | Property (299 units) | |
|---|---|---|
| Operating NOI (income + expense stacks) | $694 | $207,506 |
| Recaptured-unit rental NOI (3 units at $1,700/mo) | — | $61,200 |
| Total annual NOI increase | — | $268,706 |
| Capitalized operating NOI (4.25% cap) | — | $4,882,494 |
| Capitalized recaptured-unit NOI (4.25% cap) | — | $1,440,000 |
| Total implied asset value created | — | ~$6.3M |
| Net data & digital infrastructure investment | ($212) | ($63,421) |
| Payback | Immediate | Immediate (cash-positive at completion) |
How the ~$6.3M is built: $4,882,494 from capitalized operating NOI plus $1,440,000 from the 3 recaptured units. Operating NOI is $624/door income (5S® WiFi + ancillary tenant services) plus $70/door expense (utilities $36 · insurance $22 · BoT® reduced OT OpEx $12). The Digital Infrastructure Engine™ removed approximately $355,000 in construction cost and freed the square footage for those 3 units. The owner invested nothing net.
This is a full-stack case, income stack plus expense stack, plus design-phase space recovery. It should not be treated as the same thing as the Big Three benchmark range of $500–$600 per door.
The next case is the inverse: a single-asset office property where only the income stack has been activated, and what that alone is worth at exit.
450,000 RSF · Class A · ~20 years old
This property generates about $0.62 per rentable square foot per year in NOI from connectivity and related tenant services alone, about $279,000 annually. At a 7.5% cap rate, that is about $3.7 million in asset value.
| Per RSF | Property (450,000 RSF) | |
|---|---|---|
| Annual NOI from income stack | $0.62 | ~$279,000 |
| Asset value created (7.5% cap) | $8.27 | ~$3.7M |
The expense-side opportunities are not included in those figures.
How the Math Works
Value can come from two sides of the same owner-controlled foundation.
Managed connectivity and other tenant-facing services.
Utilities, insurance, occupancy, and other operating efficiencies.
The combined effect when both sides are operating.
Most owners don't have ready access to either stack, because they don't own the data & digital infrastructure underneath. Here's how deployments run in practice.
Owners & Operators, In Their Own Words
Customer testimonial reel, same proof we share in live conversations.
If this does not play here, watch on Vimeo.
What This Can Mean at Refinance or Sale
Additional NOI can increase asset value when a buyer, lender, or investor can see where it came from and verify the operating data behind it. Better documentation makes that easier.
Find Out What’s Worth Investigating at Your Property
Give us one asset. We’ll show you where we’d look first for operating improvement, revenue, or reduced dependency.
- What data & digital infrastructure you actually own, and what your vendors do
- Where recoverable NOI is sitting in your buildings, and what it's worth at refi or exit
- Where operational burden stacks up against your KPIs, and which plays close the gap
- The top 3 monthly plays you'd actually run, utilities, insurance, occupancy
