Latitude 49 Apartments Introduces Next-Gen Parking Solutions with ParkStash

Logos of ParkStash and Latitude 49 Apartments against a sleek gradient background, representing the collaboration for visitor parking solutions.

ParkStash partners with Latitude 49 Apartments to revolutionize visitor parking management with digital permits and 24/7 enforcement.

Latitude 49 Apartments, located in Charlotte, North Carolina, near UNC Charlotte and a distinguished property in the Scion Group’s portfolio—the largest student housing management company in the U.S.—is taking visitor parking to the next level with ParkStash’s advanced digital parking permit and 24/7 enforcement solution. This innovative approach not only simplifies the visitor parking experience but also enhances community safety, generates additional revenue, and ensures fair access to parking for all residents and their guests.

Seamless Visitor Parking with Digital Permits

Gone are the days of cumbersome physical parking passes. With ParkStash, visitors can easily reserve digital permits by scanning a QR code and registering their license plate. This straightforward process eliminates the hassle of in-person requests and ensures a smooth, user-friendly experience. Visitors no longer need to worry about misplaced passes or manual approvals, while property managers gain a powerful tool to streamline parking operations.

24/7 Parking Enforcement with the ParkStash Enforcer App

The ParkStash Enforcer App empowers towing companies to monitor parking compliance effectively. By leveraging license plate recognition (LPR), the app identifies unauthorized vehicles in real time, enabling immediate action such as issuing fines or towing. This robust enforcement mechanism ensures that only vehicles with valid permits are parked on the property, significantly improving security and reducing unauthorized parking.

Advanced Analytics for Property Managers

Property managers benefit from complete transparency and control with ParkStash’s advanced analytics. The system provides a bird’s-eye view of parking activities, including who is reserving permits, which unit they are visiting, and compliance trends. Managers can set customized rules for guest parking, such as limiting permits to a maximum of three days per week, preventing misuse of visitor spaces by residents. This equitable system ensures fair access to parking for all residents and their guests.

Monetizing Visitor Parking for Additional NOI

ParkStash transforms visitor parking into a revenue-generating asset. By creatively monetizing parking spaces, properties like Latitude 49 can generate significant additional net operating income (NOI). The funds can be reinvested into community-enhancing programs, such as barbecues, recreational events, or facility upgrades, fostering a vibrant and connected living environment.

Why Choose ParkStash?

  1. Electronic Permits: Simplified reservation process with QR code-based registration.

  2. 24/7 Enforcement: Real-time violation tracking and action through the Enforcer App.

  3. Complete Analytics: Insights into parking trends and visitor activities.

  4. Customized Rules: Flexible guest parking limits to ensure equitable access.

  5. Significant ROI: Properties achieve an average ROI of 10x within six months.

A Game-Changer for the North Carolina Market

As Latitude 49 Apartments leads the way in adopting this cutting-edge solution, it sets a benchmark for parking management in the North Carolina market. With optimized visitor parking, improved community security, and enhanced resident satisfaction, ParkStash offers a holistic approach to parking management that resonates with both residents and property managers.

Experience the future of visitor parking management. Explore how ParkStash is transforming parking for various commercial and mixed-use developments by visiting our ParkStash Blog. Check out our case studies, new launches and product updates below:

If you’re seeking a reliable parking management system—complete with digital permits, license plate recognition, and built-in enforcement—ParkStash is here to help. Contact us to learn how you can modernize your parking operations, improve security, and generate additional revenue from underutilized spaces.

Get in touch with us today:

Sameer Saran

Sameer Saran is a tech entrepreneur and CEO of ParkStash. He loves building things from scratch - completely bootstrapped ParkStash, pivoted couple of times and now growing faster than he can imagine :) He is a big advocate of sustainable and impact driven technologies which helps environment, improve quality of life, productivity, and efficiency. If you find interesting opportunities to collaborate, feel free to ping him on LinkedIn.

https://www.linkedin.com/in/sameersaran97/
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