On the Enodo platform, real estate professionals are a click away from making better investment decisions. The platform allows users to type in any property address, confirm basic physical and investment parameters, instantly calculate market rents, identify comparable properties and predict operating expenses for that property.
In the hypercompetitive commercial real estate world, minutes gained can make the difference between finding a great investment and missing out on the perfect value-add opportunity.
“Enodo instantly evaluates investment potential, whereas traditional data collection and analysis takes several hours,” Enodo CEO Marc Rutzen said. “Speed and accuracy of analysis make all the difference between consistently executing great investments, or continually missing out on opportunities."
Enodo publicly released its predictive analytics platform to multifamily professionals nationwide earlier this year. The startup brings quantifiable data to an area of market analysis known for being subjective and hard to quantify.
“When it comes to amenities, rather than just guessing how hardwood floors, a pool or a fitness center will bring value to a property, our users can instantly see how these features will impact a property’s ability to generate revenue,” Enodo Chief Operating Officer Thomas Delaney said. “We are bringing objective data science to a market notorious for being subjective and highly opaque in terms of data availability.”
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