Case Study

Novel Midtown Phoenix

400 E Earl Dr Phoenix, AZ, 85012

Novel Midtown Phoenix

The Challenge

The Novel Midtown Phoenix apartment complex is located in the historic Encanto neighborhood of Phoenix, Arizona. The property has studio, one-bedroom and two-bedroom apartments. It is six stories tall with 345 units. In order to accommodate the tenants with more luxury and convenience there was a need to install adequate on-site storage.

The Outcome

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.