Internet Revenue for Multifamily Ownership

Internet Is a Revenue Stream You Don't Own Yet.

Every resident in your building pays for internet each month. None of that revenue touches your NOI. Skyrise Wi-Fi fixes that. Permanently.

Model Your NOI Impact See the numbers

Class A and market-rate multifamily. 100+ units. 48 US states.

~19M Class A and market-rate units in the US

$70–90 Avg resident monthly internet spend

$0 Captured by ownership under the traditional model

Sample 275-Unit Property

Annual NOI Lift

$171,600

Net recurring internet revenue added to NOI. No new units. No rent increase.

Monthly Revenue $14,300 Per month, at occupancy

Asset Value Lift $3.12M At 5.5 cap rate

Property owns the system

Revenue active from day one

Zero on-site staff involvement

Representative figures. Actual results vary by property and market.

Who Pays for Internet

Every Unit

Internet is purchased by virtually every resident in your building — each month, without exception.

Average Monthly Resident Spend

$60–90

What a typical resident pays for internet service in a major metro market each month.

Property Revenue Participation

Zero

Under the traditional model, none of that recurring spend flows back to ownership. The gap is structural.

The Revenue Gap

275 units

Occupied residences paying for internet

$70 / month

Average resident internet spend

12 months

Per year, every year of the hold

Leaving Your Property Annually

Flowing directly to outside providers. Not one dollar touches your NOI.

$231,000

PER YEAR

Representative figures for a 275-unit property. The math scales with every unit you own.

A Structural Problem Built Into Every Traditional Lease

The resident-selected internet model was never designed to benefit ownership. Three consequences compound every year it stays in place.

No Revenue Participation

Monthly internet payments flow directly to outside providers. The property receives zero. There is no structure that routes any portion of that recurring spend back to ownership.

No Control, All the Complaints

When a provider goes down, residents call your staff. You have no visibility into the network, no authority to resolve the problem, and no leverage with the provider. You absorb the cost of a service you don't own.

No Asset Value at Exit

At disposition, there is no internet revenue line to underwrite. Fragmented ISP relationships add nothing to the asset. A solvable structural problem left in place is value left on the table at every transaction.

NOI Impact

Select Your Property Size

The numbers below reflect a property-owned Managed Wi-Fi system at full occupancy. Use the NOI Calculator for a property-specific model.

Monthly Revenue $7,800 Per month at occupancy

Annual NOI Lift $93,600 Direct to ownership

Asset Value (5.5 Cap) $1.70M At 5.5 cap rate

Est. Payback Period 12-18 Mo From revenue start

01 — Billing

Residents Pay a Technology Fee

Structured like trash or parking — a standard line item on every lease. No opt-in. No provider shopping. Consistent revenue from every occupied unit.

02 — Operations

Skyrise Wi-Fi Manages the System

Centralized monitoring, resident support, hardware maintenance, and performance optimization. Your team's involvement is zero. Skyrise Wi-Fi is the single point of accountability.

03 — Financial Impact

Revenue Flows to NOI

Net recurring internet revenue lands directly on NOI. At 5.5 cap, every $1 of annual NOI creates ~$18 of asset value. Internet becomes a documented, compounding financial asset.

10-Year Cumulative NOI — Traditional vs. Skyrise Wi-Fi

Skyrise Wi-Fi

Traditional Model

Representative figures based on $52/unit/month net revenue. Actual performance depends on fee structure, occupancy, and operating costs. Use the NOI Calculator for a property-specific projection.

Property Control

A Vendor Agreement Is Not a Building Asset

Bulk agreements and resident-selected models share the same flaw: the provider owns the relationship, controls the pricing, and captures the revenue.

Traditional Model

Bulk Agreement or Resident-Selected

✕Provider owns the infrastructure
✕Provider controls pricing and renewal terms
✕Zero revenue to ownership
✕Complaints handled by on-site staff
✕No asset value at disposition
✕Locked into contract terms that favor the provider

Skyrise Wi-Fi

Property-Owned Managed Wi-Fi — A Revenue-Producing Building Asset

✓Property owns the system from installation forward
✓Property sets and adjusts the fee structure — no vendor approval required
✓Recurring internet revenue flows to NOI every month
✓Skyrise Wi-Fi handles all resident support — staff involvement is zero
✓Permanent building asset documented at disposition and refinancing
✓Contract terms aligned with ownership economics, not provider economics

Asset Performance

Value That Compounds Across the Investment Cycle

A property-owned internet system creates documented, recurring financial value at acquisition, during hold, and at exit.

Phase 1 — Day One

At Acquisition

Clean Infrastructure. Clear Revenue.

Documented NOI contribution on the rent roll
No fragmented ISP contracts to inherit or renegotiate
No bulk agreement auto-renewing at close
Permanent building asset already in operation

Phase 2 — Hold Period

During Hold

Compounding Revenue. No Incremental Effort.

Recurring revenue grows with occupancy and lease renewals
Zero staff involvement in internet operations
Fee structure adjustable as the market evolves
Resident satisfaction supported by consistent performance

Phase 3 — Exit or Refi

At Exit or Refinancing

A Clean NOI Line That Underwrites.

Recurring revenue underwrites at cap rate — no adjustment required
Permanent system documented as a building infrastructure asset
No provider lock-in to disclose or unwind at transaction
Competitive differentiation in the Class A market at disposition

Get Started

Model the NOI Impact for Your Property

We build a property-specific revenue model based on your unit count, market, and current internet setup. No obligation. Delivered within one business day.

Financial Model Delivered Within One Business Day

A property-specific NOI analysis built on your actual unit count and market context.

Tailored to Your Asset and Market

Assessment accounts for Class A and market-rate positioning, occupancy, and local competitive context.

No Obligation

The financial model is yours to keep. We move forward only when the scope makes sense for your property and capital plan.

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Common Questions

Frequently Asked Questions

Straightforward answers for owners and investors evaluating Managed Wi-Fi as a revenue and asset strategy.

Financial

No. Internet is billed as a standard lease charge — structured the same way as trash, water, or parking. Every occupied unit pays. There is no opt-in model and no per-unit provider contracting. This creates a predictable, 100% coverage revenue line from the first day of occupancy.

The technology fee is typically set at or below what a resident would pay for a comparable individual ISP plan — generally $60 to $90 per month depending on the market. For residents, the convenience, day-one connectivity, and building-wide coverage support the fee. For ownership, it is a net-new NOI contribution with no prior equivalent on the rent roll.

For a 150-unit property generating $7,800 per month in net revenue, payback on a typical installation investment is 12 to 24 months. After payback, the revenue line runs at high margin with no further capital requirement. Your NOI assessment includes a property-specific payback timeline.

Ownership

The property owner funds the system as a capital investment and owns it outright. It is a permanent building asset — no different than an elevator or mechanical system. At disposition, it transfers with the property. The incoming buyer inherits a revenue-generating, professionally managed internet infrastructure, which supports asset value at transaction.

Revenue can be structured as a separate utility or technology fee line item, or bundled into base rent — both are supportable depending on your lease structure. A separate fee line makes the NOI contribution most visible during underwriting and most defensible at transaction. We work with your team on the structure that best serves your reporting and disposition goals.

Yes. Because the property owns the system and controls the billing relationship, fee adjustments follow normal lease renewal cycles. Ownership is not subject to provider pricing decisions or bulk agreement auto-renewals. You set the rate and adjust it in alignment with your market and hold strategy.

Operations

The fee is a standard lease charge, not an opt-in service. Nonpayment is handled through your existing lease enforcement process — the same as any other unpaid utility or rent. Skyrise Wi-Fi does not manage collection. Your property management team handles it consistent with how other fees are enforced.

Skyrise Wi-Fi is the single point of contact for all resident internet issues. Residents contact us directly. On-site staff are not in the support loop. We provide centralized monitoring, proactive issue detection, and direct resident technical support. Your team's involvement in internet operations is designed to be zero.

Internet-related complaints drop to near zero for on-site staff. There is no ISP coordination, no vendor dispatch scheduling, and no resident complaint handling for connectivity. Staff time previously absorbed by internet issues is freed for resident experience and core property operations. This is a documented operational benefit that compounds over the hold period.