CASE STUDY
Envoy Attracts Residents
The Vermont
Luxury apartment building in Los Angeles adds Envoy and breaks lease record
This high end apartment building needed an edge to stand out in LA's competitive real estate market. By adding Envoy they signed 44 new leases and increased occupancy to 88% in one month.
Greystar
Management
TruAmerica
Owner/Developer
$3000/mth
464
Average Rent 2B/3B
Units
May 2020
79%
Envoy launch onsite
Occupancy Max 2020
Mobility and Charging as an Amenity
ENVOY Provided:
3 Teslas
Exclusive for residents
34 EV Chargers
Installed on the property
Usage metrics
As of April 2021 (in-service 12 months)
141 Residents
Registered with Envoy
776 Bookings
Made by residents
ENVOY TESTIMONIALS
An amenity to brag about
“ Envoy has been a great partner at The Vermont. Besides setting up 34 EV charging stations on the property, their Tesla exclusive car-share have been a smash hit. Over 60 residents have booked the cars and driven over 10,000 miles in the first few month. The Teslas are one of our best amenities and our leasing agents brag about them to potential residents - in fact, they aided in our leasing team signing a record 44 new leases in one month! ”
Jeffrey Chase, Property Manager, Greystar, The Vermont, Los Angeles, CA
Trip destination data
The Vermont, Luxury Apartment — Los Angeles, Ca
The Vermont Case Study
SUMMARY
The Vermont is a luxury apartment building located in Los Angeles, CA. Envoy provided 4 Teslas exclusively for residents and assisted in the installation of 34 EV chargers on the property. Within the first month of Envoy service, The Vermont signed 44 new leases as a direct result and increased their occupancy by 88%.
