Multiply Your NOI. Protect It Over Time.
In multifamily real estate, Net Operating Income (NOI) isn’t just a metric — it’s the engine behind property value, loan terms, and long-term returns. Whether you’re planning a lease-up, driving stabilization, or preparing for disposition, how you grow and preserve NOI defines the trajectory of your asset.
Internet Subway’s Next Gen Bulk internet platform was built with exactly that in mind. It’s not just about fast Wi-Fi, it’s about enabling consistent, scalable NOI gains across your portfolio, starting day one and compounding over time.
NOI: The Backbone of Asset Performance
NOI is the income a property generates after subtracting operating expenses, but before debt service, taxes, or capital improvements. It’s the cleanest view of your property’s operating strength and a direct input into how properties are valued using the income approach.
NOI = Gross Operating Income – Operating Expenses
Higher NOI means:
- Greater cash flow to owners and investors
- Enhanced debt coverage and refinance flexibility
- Higher valuation at prevailing market cap rates
Even modest improvements in NOI can unlock millions in added value.
Why Scalable Ancillary Income Is the Edge
Traditional NOI levers — rent increases, RUBS, cost control — can only go so far before you hit ceilings from regulation or market competition.
But ancillary income, particularly from tech-enabled amenities like community-wide internet, represents a new frontier.
With Internet Subway’s Next Gen Bulk, you tap into recurring NOI by bundling high-speed internet into your lease offering, transforming a utility expense into a high-margin amenity.
How Next Gen Bulk Creates Durable NOI
Our model is simple, but powerful:
- Whole-Property Coverage: We deliver multigigabit fiber to every unit and community area. Fully managed, always on.
- Amenity Fee Structure: Owners charge a monthly technology fee (typically $70–$85/unit), generating meaningful NOI after wholesale costs.
- Seamless Resident Experience: Residents get move-in-ready Wi-Fi with no setup friction — increasing satisfaction and reducing churn.
Typical NOI Impact:
- $50+/unit/month net NOI gain
- $600/year per unit = $12,000 in added value per unit (at a 5% cap rate)
- On a 200-unit property, that’s $2.4 million in incremental value
And unlike many income streams, it scales with your base — more units, more NOI — without adding staff or complexity.
Defend Value with Scalable Speeds
Technology ages fast. What feels fast today could become a complaint tomorrow. That’s why Next Gen Bulk is engineered for growth — with scalable bandwidth built into the infrastructure.
You get:
- 10Gbps+ capable fiber-to-the-unit infrastructure
- Simple upgrades to resident speeds without replacing hardware
- A long-term solution that supports evolving demands and defends your NOI gains
This is critical for maintaining property competitiveness and avoiding churn-related expense — both of which protect your NOI across hold periods.
NOI Growth is the Strategy. Next Gen Bulk is the Tool.
If you’re underwriting new development, repositioning a value-add, or optimizing stabilized assets, Next Gen Bulk offers a modern path to measurable, recurring NOI — backed by infrastructure that keeps delivering year after year.
In multifamily, every $50/unit/month you unlock is more than income — it’s $10,000+ in asset value.
And unlike one-time capex projects, Next Gen Bulk creates a self-sustaining return.
Ready to Build NOI That Scales?
If you’re ready to turn connectivity into a bottom-line growth engine without the operational burden. We’re ready to help.
Let’s talk. Connect with us today!
