Class Inc.

CLASS Is The Solution For Leasing And Training Needs!

PROPERTY OVERVIEW:
The subject property was a luxury community newly constructed in the summer of 2013. From August 15th to January 15th the property had secured 57 approved leases. The monthly leasing velocity had plateaued at 13 leases/month. The property contained 200 units at an average rent of $1200/unit.

RESULTS:
CLASS was retained to increase the leasing velocity. Within the first 30 days, CLASS had secured 36 new leases. Assuming that the property would have maintained the current leasing velocity without CLASS, the additional leases generated by CLASS resulted in an immediate 12% increase in occupancy.

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COST OF CLASS VS. INCREASE IN ANNUAL RENT REVENUE
The additional 23 move-ins created by CLASS will help the property generate an extra $26,400 of monthly income over the next 6 months and add $158,400.00 of annual rent revenue for the property. When compared with the cost of CLASS ($34,000) the ROI for utilizing CLASS will be $124,400

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