Multifamily Security
Watchmen Multifamily is the national leader in multifamily low voltage smart apartment, door access, video surveillance, community-wide wifi, intrusion and fire protection systems. Depend on us to design and install these systems for your community.
We provide service to many multifamily communities and we discovered that the traditional construction process oftentimes does not deliver good outcomes for multifamily developers, operators and residents. When the low voltage scope is not discussed beforehand with the developer and the low voltage provider, we find that everyone suffers. We have been called in later to replace door access and smart apartment systems installed by other low voltage integrators that are only a few years old. The residents and operators are frustrated because the systems that were installed in the building originally just don’t work very well.
This lack of planning or communities not being updated to today’s newest technologies cause lots of pain. Residents might be forced to use different fobs or cards to enter parking, elevators, and amenity spaces. They also might need to use a metal key to get into their unit. We believe that is a dated and unsafe experience for residents, property managers and facility people. Our cloud-based systems allow the residents to use their phone to get from the curb to their couch, make smart apartment changes and allow guest access from anywhere in the world and save property managers time by having the same type of access. These systems work in all types of communities (high rise, garden style, etc.) and can be customized based on the community class and competitive market conditions.
Just ten years ago the standard entry mechanism to enter multifamily units was metal keys on the unit doors. We believe metal keys are way too dangerous as it relates to resident security and property owner liability. Unit keys can be copied many times easily by bad actors, those bad actors can tailgate residents into the buildings and have direct access to the unit and the unsuspecting resident. This scenario is no longer a threat with the prevalence of smart locks on the units. The smart lock will never need to be re-keyed by a locksmith at resident turn or when a roommate or family member moves out of the unit.
We install these types of smart apartment systems all over the U.S. in both new ground-up projects and retrofits. The design and installation of these systems require software that has been proven to be reliable over years of service and a low voltage integrator like Watchmen Multifamily that has extensive experience. Watchmen has designed, project managed, installed and serviced thousands of units across the United States. In the absence of that type of experience, there can be construction delays and operational issues after occupancy. In today’s connected and social media environment community owners are more committed than ever to avoid these types of scenarios.
The installation of new door access and smart apartment as an amenity is an investment in the multifamily communities for the residents and owners. Prospective residents will pay a premium for the smart apartment experience and would like to get rid of their metal keys and fobs. We work with developers to determine the premium monthly increase in rent that smart apartments will produce for their community. Once we agree on that, it is easy to project the break even number of months and the projected increase in net operating income and long term community market value.
There is no significant requirement for extra space needed to convert to new door access and/or smart apartment. The new systems are easy to convert for almost any door or gate imaginable. The investment for updated door access and smart apartment technology will vary by community. Cloud based systems that Watchmen Multifamily deploys include monthly software updates. These software updates and the fact that the systems are connected to the internet, typically reduce the need for as many service truck rolls and lower service call expenses. Many problems are diagnosed by our Customer Care departments via phone or email and are fixed without a truck roll or service charge.
The future of multifamily unit door access definitely does not look like a metal key. It looks more like a smart lock that is either an offline control lock that does require changes and access to be implemented at the door, or an online smart lock that allows changes to be made virtually by residents, property managers and facility people. Watchmen Multifamily is a national expert at either one of these options.
Community owners and operators can stay up to date on multifamily door access and smart apartment technology by dealing with multifamily-specific integrators like Watchmen Multifamily based in Kansas City and attending industry conventions like OpTech.
The one lesson we think the multifamily developers we work with have learned, is that all door access and smart apartment systems are not equal, and that the integrator that designs, project manages and installs the system is just as important, if not more important as the software that is chosen. That is why we work directly with the developer prior to selection of the general contractor to make sure this scope is more of a proactive and strategic decision.
Watchmen Multifamily is system agnostic but we have found great success with the Brivo door access system and Eagle Eye cameras systems. We are proud to feature Brivo Smart Apartment as our holistic solution. Brivo is a global door access control company doing business in over 40 countries and with over 25 million users in excess of 300 million square feet. The Brivo platform addresses multifamily access control, video surveillance identity management, mobile device management, visitor management and data analytics. It is one of the few systems that can put smart apartments, office access, video cameras, parking management and visitor control all on one screen for the property manager.
With Watchmen Security and Brivo Smart Apartments the tenants have seamless one fob/mobile pass access to their units, amenity spaces, building doors, guest access, elevators, parking garages and lots. We deliver one mobile app to open doors, control in-unit Smart Apartment features, submit work orders and even pay their rent. Popular Smart Apartment features that are most common are doors, thermostats, lights, water sensors, water shutoffs, and home assistants like Alexa. Property managers like the ease of adding and deleting residents in just a few minutes, no longer dealing with metal keys and locksmiths and Brivo’s self guided tours option.
Today’s renters are demanding safer and better technology and it is an important differentiator when they choose where to live. 63% of renters say they would move out of a community due to a lack of good security. Over 61 percent claimed that they are likely to rent an apartment specifically because of its electronic access features. If your multifamily property does not have smart apartment technology you are losing out on prospective tenants and becoming less competitive in the market. Our goal is to deliver you the best in seamless, secure and intelligent places to work, live and play.
Multifamily Security
If you currently own or manage a multifamily property there are several questions to consider. 1. How high is market demand in your area for apartments? 2. What is your liquidity status? 3. How will residential life be disrupted during the smart apartment transition? 4. How many units do you manage or own?
Unit Increase | $35/m | 12 months | $420/y |
Building Increase | $420/y | 200 units | $84k/y |
Value Increase | NOI – Cap | $84k – 5% | $1.68Million |
After answering these questions we can help you determine the best option for you. Should we retrofit the property all at once or do each unit upon vacancy? Should we retrofit common areas only, highest end units only, raise rents upon completion or give residents the option to opt in for Brivo Smart Apartment technology upgrades? Each property is unique and we can help you make the best decision. Ultimately it will come down to your return on investment. Here is a calculation we have found to be useful in determining the long-term value of Brivo Smart Apartment retrofits.
As you can see for most investors Brivo Smart Apartment technology just makes sense. No wonder most of the major multifamily developers in the U.S. are choosing the international strength of Brivo Smart Apartments to increase property values, net operating income and their residents’ quality of life experience. We welcome your inquiries on how we can help you move your multifamily investment forward and future-proof your market competitiveness.
Current projects outside of the Kansas City area include One Rangers Way in Arlington, Texas https://onerangersway.com/ and The View at Castle Rock in Castle Rock, Colorado https://sunflowerkc.com/our-projects/the-view-at-castlerock/. For examples of our work, please go to our website Gallery page to see examples of the communities we have helped make safer for residents and a better investment for investors.
If you would like to learn more and get a free quote, please call us at 833.569.8617 or fill out the form on our Contact Us page.
Watchmen Multifamily is a division of Watchmen Security Services. Watchmen Security Services is a low voltage security integrator based out of the Kansas City area serving the entire continental United States. The company was founded in 2011 by Lucas and Megan Ingala who are still the current owners. The company operates nationwide and over 50% of our work is in the multifamily vertical. Our expertise in multifamily inspired us to open a multifamily division called Watchmen Multifamily. We typically work with multifamily developers directly to ensure that they achieve the experiences they desire for their residents and internal teams as it relates to door access, smart apartment, security cameras, fire, intrusion and community-wide wifi.
Multifamily Security Systems
Our security systems typically involve the following elements.
- Intrusion Systems, also known as Alarm Systems
- Video Surveillance, also known as Security Cameras
- Access Control, also known as Card Swipe or Card Reader Systems
- Fire Protection Systems
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F.A.Q.
Multifamily Security Systems can be comprised of several different elements, however, the most common are things that help an investment property, like an apartment complex, be more modern and accessible which helps to improve revenue rates of return. The systems most often found to produce such a result are automation systems, access control systems, video surveillance systems, and intrusion alarm and monitoring systems and services.
What are common Smart Apartment features?
We find that most Smart Apartment communities average between one to three devices. The higher the rent the more likely they are to have more Smart Apartment devices. The most common Brivo Smart Apartment devices we install by descending priority are locks, thermostats, lights and outlets. Many property owners are now starting to add water detection and water shutoff devices to save on insurance costs and water events that cause huge claims and expenses. Your Watchmen Security and Brivo Smart Apartment advisors can give you comparisons for similar properties like yours to give you an idea of what will make the most sense for your community.
How long does it take to see a return on investment?
This one is kind of tricky. It really depends on if the purchase is based on a CapEx model or OpEx model, and how much you charge per unit. We have found the average to be around 18 months for each of the different financial models. Your Watchmen Security and Brivo Multifamily representative can help you model this out for your specific community and the market you are located in. Another financial consideration is the savings spent on locksmiths and maintenance people that would need to change out metal keys and locks during move outs and move ins.
Do the components need to be hard wired?
We design and deploy the Brivo Smart Apartment system. The components do not need to be hard-wired. This saves the property owner time and money on the installation of the system. These components are wireless and can be controlled through the Brivo Mobile App that residents and property management team members download on their mobile devices. Your Watchmen Security and Brivo Multifamily designers will discover, design and deploy the system in a way that works best for your property.
How much more can I make on rent?
We have found an average of $35 per month per unit. Typically the residents will pay an additional $25 per month to be able to open their unti door with a fob or the Brivo Multifamily Mobile App on their phones. They will pay around $50 extra if they are able if there are additional Brivo Smart Apartment components like a thermostat, lights, water detection or water shutoff. The real benefit is in marketing your community as a Smart Apartment community and not losing new residents to competing properties that have already transitioned to Smart Apartment Technology.
Related Services
Intrusion Alarms
If you own a home, commercial building, or multifamily building, you’ll need to take steps to protect your valuable investment and your safety.
Video Surveillance
Video Surveillance lets you see what is happening in or around your business or home. Having state-of-the-art security cameras installed keeps you protected.
Access Control
Better than conventional metal keys or manual gates with guards, automated access control systems help keep entry points to your property secure.
Ready for Reliable Security?
Don't deal with the stress of not knowing who is coming in and out of your building, wondering if your cameras work or not, or wait until your system fails to prevent crime. Get in contact with Watchmen Security today for a free quote.