Sierra Announces Vacancy Capture™ growth and results.

Sierra’s Vacancy Capture™ program has exceeded 100,000 units and $19,000 in additional annual NOI per average 300 unit community
By: John Hand
 
Sept. 14, 2009 - PRLog -- “We are pleased to be able to provide these strong NOI results to our Clients in these difficult economic times.” said Neal Taylor, Sierra’s Executive Vice-President Sales and Business Development. “This program continues our mission of providing maximum NOI at the lowest cost with the least hassle.”

The Vacancy Capture program recaptures the cost of electricity and gas used by the resident but paid for by the community. The program also helps the property minimize utility costs in units that are actually vacant.

Sierra’s Vacancy Capture program is easy to implement and operate.  It does not require outsourcing of utility bill payments, so your on-site and regional management stay on top of their utility usage and facilities management.  

Vacancy Capture works instantly with every utility service provider anywhere in the US. And, it does not even require that Sierra provide utility billing services for the Community!

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Headquartered in Austin, Texas, Sierra Utility Billing Service is one of the largest and most successful Multi-Family metering, billing & utility management companies in the U.S. Sierra specializes in Allocation (RUBS), Sub-metering, and Convergent Billing, Installation & Maintenance of meters, Utility auditing, Waste management, and Vacant unit cost management. Sierra currently bills over 290,000 units and is growing rapidly.

“Maximum NOI and Real Estate Asset Value at the Lowest Cost …with the Least Hassle.”
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