Multifamily apartment community exterior representing occupancy and NOI performance
Asset Management, Financial Performance

What a 1% Occupancy Gain Is Worth on a 150-Unit Property

What a 1% occupancy gain is worth on a 150-unit property is straightforward: one point means 1.5 more occupied units. At a round $1,500 rent, that recovers about $27,000 a year, and because fixed costs hold steady, most becomes NOI,