CASE STUDY
Envoy Creates New Revenue Stream
Luxury apartment building in Henderson, NV increases revenue through car sharing amenity.
This Las Vegas area luxury apartment community outshines competitors with unique on demand service and creates new property revenue stream.
WestCorp
Management Group
$1750/mth
Average Rent 2B/3B
536
Units
May 2020
Envoy launch onsite
Mobility and Charging as an Amenity
As of May 2020
197 Residents
Registered with Envoy
4,240
Hours Booked
805
Bookings
ECO metrics
Tesla Model S
Vehicle
26,000 e-miles
Driven by residents
7
Carbon Emissions Saved
(Metric Tons)
113
Trees Planted
ENVOY TESTIMONIALS
An amenity to brag about
“I love the convenience. Best car sharing in the business. ”
Gabriel V., Resident at Empire
"I love having car sharing as an amenity because it allows me the freedom to have a second car when I need it and if there is a time when my car is in the shop I know I have an option to still get around affordably."
Tara F., Resident
"I think Envoy is an amazing concept and a huge selling point for our building."
Kelli V., Property Manager
EMPIRE Case Study
SUMMARY
Westcorp's Empire apartment community in the Las Vegas area is a great example of a property with consistently high usage and very happy residents and property staff. Because of the success of this property Westcorp is expanding Envoy into their portfolio. Westcorp decided to leverage their cap ex budget to prepay for the vehicle reducing their monthly amenity fee immensely.