Premium Storage Solution
Turn Parking Spaces Into Recurring Revenue
This calculator shows property managers and HOA boards exactly how much overhead parking garage storage lockers can generate for their building. Properties typically charge $75 to $150 per locker per month. Enter your building details below to get your estimate.
For condo boards, apartment communities, property managers, and developers.
Why It Matters
- Generate recurring revenue from existing infrastructure
- Increase property value and tenant satisfaction
- Reduce clutter and improve garage organization
- Strengthen competitive positioning with a premium amenity
Turn Overhead Garage Space Into Monthly Revenue
Actual revenue depends on rollout size, pricing, resident demand, and garage layout.
Frequently Asked Questions
Everything You Need To Know
What is the ROI of adding overhead parking garage storage lockers to an apartment building?
ROI depends on the number of lockers, your monthly rental rate, and your market. In South Florida, properties charging $75 to $150 per locker per month on a 50-locker installation generate between $45,000 and $90,000 in annual recurring revenue. Use our apartment ROI calculator to model the return for your specific building.
How does the revenue model work for apartment communities?
Your property purchases Park’ɴNest™ lockers, then rents them to residents on a monthly basis, keeping 100% of that recurring revenue. Most properties typically recover their full investment within the first two years. Every month after that is pure profit.
How do overhead parking garage storage lockers generate revenue?
Your property purchases the lockers and rents them to residents on a monthly basis. The overhead space above each assigned parking space, which currently generates zero revenue, becomes a recurring revenue stream. No additional square footage required. No structural modifications to the building.
Can an HOA approve overhead or over-car storage lockers in a community parking garage?
Yes. HOA communities in South Florida have already adopted the Park’ɴNest program. Because the lockers are freestanding and require no structural modifications to the building, the program is straightforward for boards to implement. Book a Consultation to find out how the program works for your community.
Is this available in my market?
Park’ɴNest is available nationwide. Request your complimentary assessment and our team will confirm availability and walk you through exactly what Park’ɴNest can do for your property.
How do residents find out about the lockers?
We work alongside your team to drive resident awareness at launch. That includes a complimentary demo locker installed in your garage so residents can see it firsthand, along with professionally designed marketing materials, building signage, and emails to introduce the program. Your property is fully supported through the rollout.
"The Park'ɴNest program has been a game-changer for our building. It solved a massive resident pain point without costing the HOA a single dime. The installation was seamless and the lockers are incredibly robust."
Kevin Swill
Board Treasurer — Palmetto Place at Mizner, Boca Raton FL