Skyrise Wi-Fi has introduced a fully managed, building-wide internet service that helps owners of Class A and B+ multifamily properties create a new income stream. By delivering internet as a property amenity rather than leaving it to retail providers, owners are capturing $50 to $60 per unit in net monthly income while improving the resident experience.

In this model, residents are instantly connected on move-in day without the need for modems or service appointments. The network covers apartments, amenities, offices, and operations. Owners can include the cost as a tech fee or part of rent, similar to parking or utilities.

“We’ve seen buildings generate more than $10,000 in new NOI each month,” said Tony Frontado, founder of Skyrise Wi-Fi. “At a 5 percent cap rate, that adds over $2 million in property value. Owners are realizing 30 percent IRR with very little operational lift.”

A Smart Way to Raise NOI Without Raising Rent

For most operators, new NOI comes with tradeoffs. Managed Wi-Fi offers an alternative that does not rely on rent increases or service cutbacks. Instead, it turns an existing tenant expectation into a consistent, high-margin revenue stream.

For example, a 200-unit building charging $55 per unit generates $11,000 in new NOI each month. Over a 12-month lease cycle, that is $132,000 in annual NOI, which can increase the property’s value by more than $2.6 million at a 5 percent cap rate.

“Residents expect strong Wi-Fi, but owners have rarely been able to monetize it,” said Angela Roberts, Regional VP at Eastshore Living. “This is the first time we’ve been able to turn that expectation into something that improves our bottom line.”

Reliable Service That Supports People and Property

Residents benefit from consistent high-speed Wi-Fi throughout the building. Support is handled directly by Skyrise Wi-Fi, reducing complaints and wait times.

Property teams gain a stable network for smart locks, workstations, package lockers, and security systems. Internet becomes easier to manage, more reliable, and more valuable.

Infrastructure Built for Smart Buildings

Many Class A and B+ communities are investing in smart thermostats, access control, and leak detection. All of these systems depend on strong building-wide internet.

Skyrise Wi-Fi designs its networks to support smart technologies now and in the future. This allows owners to modernize their properties, meet resident expectations, and generate long-term value from infrastructure they control.