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Case studies

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.

Yaupon by Agave – New Braunfels, TX

As an essential addition to the already amenity-rich complex, the Bradyl Bins added a substantial amount of value to the property. It did not take long for the owners to sell all of the condominiums and make a hefty return on their investment.

The Muse – Alexandria, VA

The owner utilized a two prong strategy to maximize the value of the new amenity. Instead of the property owner offering to come down on the price of the condos, they were able to include the storage unit price in the overall price of the condos when they sold them. In other situations, they sold the storage spaces for $360 per square foot. Given the property owners included storage for 25 buyers there is a hefty return on the investment.

Del Ray Towers – Alexandria, VA

With 37 Bradyl Bins™, the Del Ray Towers generate $31,260 per year in additional income. In the garage, Bradyl Bins™ rent for $75 per month. The garage space which was once totally unused now makes generous contributions to monthly NOI. The response from residents was so positive, that management at Del Ray has asked Bradyl to install another 21 units in the garage. When these new units are complete, the property will generate a total of $50,160 per year of top-line income.

Hepburn – Washington, DC

Bradyl installed 24 units, which rent for an average of $100 each and generate approximately $28,800 per year. By adding storage units that are both secure and aesthetically-pleasing, Bozzuto management has been able to improve the property’s NOI and marketability.

Escher Apartments – Rockville, MD

Bradyl installed 18 Bradyl Boxes in the Escher apartment parking garage, which all rented immediately. Tenants pay $80 per month for regular, unassigned parking spaces. With assigned parking spaces with Bradyl Boxes renting for $150, Escher expects to see an ROI in as little as 20 months. The owner loves the Bradyl Boxes and plans to install more in other properties. Better yet, residents can finally get the storage they’ve been waiting for.

Odyssey Condominium – Arlington, VA

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.

Sedona | Slate – Arlington, VA

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 $4.73 per square foot. The management company, JBG, and the owners of the property, ASB Capital Management, are thrilled with the results.

Eleven55 Ripley Street – Silver Spring, MD

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.

The Sedgewick – Washington, DC

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

The Evergreens at Laurel – Laurel, MD

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

Niche 905 – Chicago, IL

A total of 24 Bradyl Bins were installed and within the first year 14 of those are already rented out. With the currently active 14 Bradyl Bins™, Niche 905 will generate an extra $1,120 per month, which adds up to $13,440 per year in additional income.

Aster Conservatory – Denver, CO

Bradyl went to work and installed a total of 18 ski lockers that are a custom size of 18 inches wide. These solid, secure lockers are perfect for storing skis and other skiing equipment. The storage lockers themselves are aesthetically proportioned to fit in with the modern, clean look of the apartment complex.

Aya – Fremont, CA

In 2020 a total of 302 Bradyl Bins were installed on the Aya property. Each unit is rented out for $45 per month. The bins, by themselves, will potentially bring in an extra $13,590 per month. The tenants get a safe, secure place to store their extra belongings on-site, and the storage units practically pay for themselves. Everybody wins.

Vitruvian West – Addison, TX

In 2020 Bradyl installed 44 brand new storage units onto the property. The extra 44 storage units look amazing and blend right in with the essence of the apartment building. These units rent out for up to $125 per month, depending on the size of the bin. The storage unit rent potentially averages out to be an extra $2,500 per month for the property owner.

Amplifi – Fullerton, CA

In 2020 Bradyl installed 44 brand new storage units on the property. The units vary in size so the amount to rent them out is between $50 per month for the smaller ones, and up to $200 per month for larger ones.

Alexan Bahay – Los Angeles, CA

Bradyl installed a total of 47 units on the property. The cost to rent a unit is between $15 and $50 per month. The installation of these storage bins provided the tenants with an affordable on-site storage option, and allowed the property to acquire a substantial increase of income. The rent from the addition of the storage bins helps to pay for the costs of the storage bins. In essence, the bins pay for themselves.

SKYE 750 Apartments – King of Prussia, PA

In 2020 Bradyl installed a total of 51 storage units on the property. The units varied in size. The tenants pay between $25 to $95 per month for the storage, depending on the size of the unit.

The Bromwell – Denver, CO

Bradyl installed a total of 61 units onto the property. The smallest of the bins are 5×5 and the tenants pay $50 per month to rent. There is currently a waitlist for bins that are 5×8 and 5×10. The total monthly income for these bins has not yet been determined, however, since there is a waiting list for the larger storage bins, it shows that the tenants are renting and want more bins.

Neon Local – Denver, CO

Brady installed a total of 26 storage units onto the property. There is currently a waitlist for people to rent them out. The tenants pay $50 per month for small bins, and $100 per month for large storage units. Since there is a need for the storage bins, it is safe to say that installing more would be a great investment.

Novel Midtown Phoenix – Phoenix, AZ

Bradyl installed a total of 40 units onto the property. Renters pay $75 per month for the small units and $100 per month for the large units. What this means is that there will be at least a $3,000 per month income from the bins if all of them are rented out.

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For about the same price as wire mesh on-site storage, give residents in your multifamily properties the privacy, security and quality of Bradyl Bins and Bradyl Boxes.

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