When the owners of Promenade Pointe set out to modernize the resident experience, they weren’t just looking for faster internet—they were looking for a smarter way to generate long-term value. This 183-unit mid-rise was relying on legacy coaxial cable, and both residents and staff were feeling the pain: slow speeds, spotty coverage, and endless third-party service requests.

That changed when Internet Subway brought fiber directly to every unit.

The Turning Point

Promenade Pointe needed more than an internet vendor—it needed a connectivity partner who understood multifamily. Internet Subway delivered Next Gen Bulk, a full-stack solution that replaced outdated cabling with dedicated fiber-to-the-unit, activated instant-on Wi-Fi, and built in the ability to scale to multigigabit service over time (allowing the owner to protect NOI over term).

Residents now walk into a fully connected home. Property teams never deal with ISP installs or complaints. And the ownership group added more than $2.4 million in value through NOI uplift.

What Changed?

• Out went coax (at least, the use of it). In came modern fiber infrastructure built for long-term performance.
• Out went resident tech frustration. In came pre-installed, private networks that just work.
• Out went fragmented billing and missed installs. In came a clean, scalable NOI engine baked into the lease.

The Financial Outcome

With Internet Subway’s model, the math speaks for itself:

• $55/month NOI per unit
• 183 units × $55 × 12 months = $120,780 annual NOI
• At a 5.5% cap rate, that’s $2.2M in added asset value
• Subtract ~$1,300/unit in CapEx, and you’re still ahead over $1.9M net

That’s real value from a single infrastructure investment—delivered without adding operational burden to the site team.

Resident Experience: Fast, Private, and Ready on Day One

Today’s renters expect reliable internet the same way they expect running water. Promenade Pointe now delivers:

• Gigabit speeds standard, with upgrade options to 2.5Gbps, 5Gbps, or 8Gbps
• Private Wi-Fi networks per unit—secure, fast, and never shared
• Community-Wide Wi-Fi roaming experience
• No cable modems, no tech visits—just seamless move-in connectivity
• Direct-to-resident support from Internet Subway’s in-house team

What This Means for Owners

Promenade Pointe proves that Next Gen Bulk isn’t just for big buildings. Even at 183 units, the NOI upside and resident experience transformation are substantial. And with a fiber backbone in place, the property is positioned to layer on future technologies, from smart access to energy monitoring, without retrofits or rewiring. Promenade Pointe is now a high-performing digital property—and a stronger asset because of it. Get a quote for your property today!