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Case Studies

Before and After

Real Results

From our popular Bradyl Bins™ and parking unit storage to custom closet and wire storage cages, Bradyl provides expert storage solutions to increase resident satisfaction and property values.

Odyssey Condominium

Arlington, VA

Managed By: Monument Realty
Owner: Capital Residential Properties, LLC

The Challenge:
Multifamily owners and managers are increasingly turning to ancillary revenue opportunities to increase the value of their properties. Residents’ need for storage space often outstrips closet space available. The Odyssey Condominium’s Board sought to add storage spaces for its residents as the lockers in the storage room were sold out. There were no obvious available spaces to add storage on the property.

The Bradyl Solution:
Bradyl completes an on-site assessment and makes recommendations to better utilize untapped space in the building to create enclosed storage units. In spite of significant space limitations, Bradyl was able to carve out space for 15 Bradyl Bins™ in the underground garage. Ancillary revenue earned from fees charged to residents adds significantly to the NOI of the property.

The Outcome
Bradyl’s storage solutions improve revenue and ROI, while better meeting the needs of the residents. And, at an average CAP rate of 5%, adding just $20,000 in ancillary revenue from 15 Bradyl Bins™ increases the asset’s worth by $400,000.

Bradyl Storage Solutions - Case Study - Odyssey Condominium
Bradyl Storage Solutions - Case Study - Odyssey Condominium Before and After

Sedona|Slate

Arlington, VA

Managed By: JBG Companies
Owner: ASB Capital Management

The Challenge:
How do you best utilize space that was intended for retail use to create on-site storage for residents?

The building’s owner wanted to utilize space originally intended for retail use. Resident storage cages were proposed as a potential use for the space but the awkwardly shaped space was not best utilized with standard wire mesh partitions, and the owners desired a more attractive option for their Class A property.

The Bradyl Solution:
Bradyl completed an on-site assessment of the space and consulted with the property’s ADA consultant to ensure that the storage unit layout/ design incorporated all desired ADA accessibility features. Bradyl was tasked to design and install twenty-five new storage units of various sizes in the allocated space. The property manager pre-advertised the incoming apartment storage units and generated a waiting list for the planned storage units.

The Outcome
In addition to new adding a new amenity, the buzz generated by the pre-advertising resulted in all of the storage units being rented out immediately upon completion of the installation. Not only are residents able to take advantage of this on-site storage option, the property is also renting the storage units for up to $4.73per square foot. The management company, JBG, and the owners of the property, ASB Capital Management, are thrilled with the results.

Lindsay and her team did a great job for us at a large multi-family project we own in Northern Virginia. Her team was very effective in designing and implementing a strategy for previously unutilized space, which led to immediate increases in income.

 

I enjoyed working with her on this project and would recommend her services to anyone looking to add new sources of storage income across their portfolio.

Nicolas Franzetti
Senior Vice President at ASB Capital Management

Bradyl Storage Solutions - Case Study - Sedona|Slate
Bradyl Storage Solutions - Case Study - Sedona|Slate Bradyl Bin

Eleven55 Ripley Street

Silver Spring, MD

Owned and Managed by: UDR

The Challenge:
Home Properties, the developer of this new Class A apartment complex, desired a more private storage cage system than the standard wire mesh partitions typically used in new construction.

The Bradyl Solution:
Bradyl professionals introduced the developer’s representatives to an alternative enclosed product. After seeing the storage system in use, the developer modified the architect’s specifications for wire mesh partitions and opted to install enclosed storage units instead. We then met with the team for pre-construction planning and ordered and installed materials per the required timeline. After seeing the results, Bradyl was contracted to complete additional work at the property.

Bradyl introduced the developer’s representatives to an alternative enclosed product. After seeing the storage system in use, the developer modified the architect’s specifications for wire mesh partitions and opted to install enclosed storage units instead. We then met with the team for pre-construction planning and ordered and installed materials per the required timeline. After seeing the results, Bradyl was contracted to complete additional work at the property.

The Outcome
Storage units are renting quickly. Prospective residents regularly ask about the availability of extra storage when inquiring about apartment rental and appreciate the large storage unit sizes.

Bradyl Storage Solutions - Case Study - Eleven55 Ripley Street
Bradyl Storage Solutions - Case Study - Eleven55 Ripley Street Bradyl Bin

The Sedgewick

NW Washington, DC

The Challenge:
Is it possible to create a storage solution in limited or obstructed spaces?

Limited pre-configured sizes of standard storage products proved unable to accommodate the basic storage needs of The Sedgewick’s low ceilings and oddly shaped available space.

For the same cost as standard wire mesh storage units, which were not a feasible option because of low ceiling height, Bradyl designed and implemented a custom enclosed storage unit solution that maximized The Sedgewick’s available space, taking all challenges into consideration.

The Outcome:
The Sedgewick now has an innovative, secure, cost-effective storage solution that offers residents an added amenity.

In Their Words:
“Bradyl provided superior service from design support through actual installation and completion. Their turnkey service was impeccable and exceeded the owner’s expectations. I would definitely look for Bradyl in the future for storage solutions projects.”

– Project Manager at Sigal Construction

Bradyl Storage Solutions - Case Study - The Sedgewick
Bradyl Storage Solutions - Case Study - The Sedgewick Bradyl Bin

The Evergreens at Laurel

Laurel, MD

Managed by: Alan & Rocks, Inc.

The Challenge:
How do you make apartments with limited storage space more attractive to prospective residents?

The Evergreens at Laurel faced an excess of two-bedroom apartment vacancies. Property management identified limited closet space as undesirable to prospective residents.

The Bradyl Solution:
Bradyl built custom storage units specifically intended for use by residents of the 91 two-bedroom apartments.

The Outcome:
With a more attractive storage option, two-bedroom apartments in The Evergreens at Laurel became significantly more desirable to residents.

In Their Words:
“Bradyl was very understanding of our needs to provide our residents with quality storage lockers. Their product was custom tailored to fit the space available. The installation and product is top notch.”

– Senior Manager at Allen & Rocks, Inc.

Bradyl Storage Solutions - Case Study - The Evergreens at Laurel
Bradyl Storage Solutions - Case Study - The Evergreens at Laurel Bradyl Bin

View More Bradyl Facts

In the multi-family property business, Space Is Precious.

WITH BRADYL AS YOUR PARTNER, SPACE IS PROFIT.

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