W Holdings generates $7000 monthly revenue with ParkStash gateless parking management system

Wansi Holdings

When we first contacted Sameer and ParkStash, we were unsure how to manage our parking lots. Sameer was educational, helpful, and now we have been working together for about 6 months and are incredibly happy with the services provided. Sameer has been instrumental at creating a platform that is easy for us to use, does not require much overhead, and most importantly - drives revenue! Our parcels are producing an average of $7000 monthly revenue with ParkStash's robust application and permit process that is easy for not only you to use but also those that wish to park on your property. We are glad we found Sameer and plan to continue the strong partnership with ParkStash for years to come. 

- Leon Wansikehian | Owner + Operations Manager, W Holdings

At ParkStash, we're not just about parking—we're about revolutionizing the way parking spaces are managed and utilized. Our journey with W Holdings, led by the forward-thinking Leon Wansikehian, is a testament to the transformative power of innovative solutions in overcoming parking management challenges and unlocking new revenue streams.

The Challenge: Parking Efficiency and Revenue Generation

W Holdings faced a common dilemma: managing their parking lots efficiently while maximizing revenue. Traditional solutions were costly and complex, and they sought an alternative that could simplify parking management and attract more visitors to their local coffee shop without the hefty investment required for gated systems.

The ParkStash Solution: Innovation Meets Simplicity

Our collaboration began with a commitment to education and support, laying the groundwork for a solution tailored to W Holdings' unique needs. Within two weeks, we introduced QR code-enabled permit parking signs, a simple yet effective innovation that revolutionized access and management.

• Immediate Revenue Impact: The easy setup of our system enabled W Holdings to quickly start generating significant revenue, consistently hitting the $7,000 monthly mark without physical gates.

• Simplified Booking: Our QR code scanning and reservation process eliminated the need for app downloads, streamlining the parking experience for users.

• Flexible Options: We offered diverse booking choices including daily, monthly, overnight, and hourly options, catering to every parking need.

• Incentives for Retail: An hour of complimentary parking with subsequent hourly rates boosted retail traffic and encouraged fair usage.

• Efficient Enforcement: Our gateless ParkStash Enforcer app efficiently managed parking violations, enhancing compliance without physical barriers.

• Revenue from Violations: This approach not only generated an average monthly revenue of $2,000 from violations but also reduced infractions as more visitors opted for permits in advance.

Why ParkStash Stands Out

Our entire product is built on direct feedback from property managers.

- Sameer Saran, Founder & CEO of ParkStash

Our success with W Holdings underscores our dedication to leveraging direct feedback from property managers to create solutions that are both innovative and intuitive. By eliminating the need for traditional gating systems, we demonstrated that parking spaces can become significant revenue generators through smart technology and strategic management.

Results & Beyond: A Partnership for the Future

The remarkable increase in revenue and efficiency at W Holdings is a clear indicator of our platform's value. From a challenging start to generating $7,000 monthly, our collaboration has set a new standard for parking management.

"We are incredibly happy with the services provided by ParkStash. Sameer and his team have been instrumental in transforming our parking management approach, driving revenue and simplifying operations."

- Leon Wansikehian, Owner + Operations Manager, W Holdings

Join Us in Revolutionizing Parking Management

We invite you to explore the ParkStash difference and see how we can help overcome your parking management challenges. Our commitment to innovation, customer satisfaction, and tangible results makes us the ideal partner for real estate industry.

Our platform is trusted by Action, Bozzuto, Cardinal Group, FPI Management, Greystar, Russo Management, Scion & more covering residential apartments, student housing, mixed-use retail, commercial & medical offices.

Check out our additional case studies below:

• Shifting Gears: How John Yurkow and ParkStash are Redefining Parking at Vermella

• Student Housing Parking Management: A ParkStash Case Study at Sycamore Lane Apartments

• Transforming Algonquin's Mixed-Use Retail Parking Dilemma: A ParkStash Case Study

• Transforming Parking at Redpoint Raleigh: A Conversation with Anna Soto, General Manager

For more information and to explore additional case studies, please contact us. Let's embark on a journey to simplify your parking management needs together.

Email: sales@findparkstash.com