Are multifamily renovation investments worth it? Enodo Score answers

Multifamily amenities ROI calculator set to launch at the end of the year
  • Enodo Score collects data on rent, occupancy, amenities, square footage and unit mix, then aggregates with local and economic factors.
  • Users can add a new development to markets across the country and predict performance based on interior characteristics and amenities.
  • Property managers can use quantitative results to determine which features to highlight in marketing campaigns.

Making sound geographical and renovation investments is a key to real estate profitability. While many investors rely on past experience and anecdotal evidence to determine how to deliver the highest returns, this lacks quantitative reasoning. A Chicago-based platform called Enodo Score plans to bring analytical evaluation to the equation.