Fayette Crossing, Lexington, KY

This 165 Unit B+ Apartment Complex in Lexington Kentucky installed ION's Smart-Metering technology to sub-meter the water, hot-water, HVAC, boilers, chillers, gas and electric. This property received a 60% decrease in water and 30% decrease in gas and electric. The owners could then bill the tenants for the water, hot-water, heating, cooling and and electric. The Net Operating Income on the property went up $20,000 per month and the property sold for more than $2,500,000 in value.