Swiftlane Review: Generating Property Value with Smart Access

Swiftlane Review: Generating Property Value with Smart Access

Swiftlane Overview

At Cash Flow Portal, we love innovative products that help real estate syndicators add value to their properties for residents and investors alike. So today we’ve decided to introduce you to Swiftlane.

Swiftlane is an all-in-one multifamily security solution designed to solve the industry’s biggest challenges including resident security and safety, visitor and guest access, and delivery and package management. Leveraging Swiftlane’s smart access technology increases property value for investors, streamlines operations for property managers, and simplifies access for residents and visitors.

Property ROI With Smart Access

Below, we have put together a review of Swiftlane’s access control and video intercom system to simplify the buying process and better understand the value of smart access solutions.

Read more Swiftlane Reviews from customers and end-users.

Key Features

Swiftlane’s unified security solution offers the most diverse and flexible security features for users and system admins.

  • Integrated access control and video intercom system, including face recognition access, mobile app unlock, PIN code and key cards and fobs
  • IK10 rated vandal-resistant touchscreen directory and digital multi-tenant screen
  • Sleek mobile app for residents that reliably receive video intercom calls every time
  • Generate temporary, single-use PIN codes with the ability to set expiration times
  • Schedule multi-use PIN codes during specific days and times

Hardware: The SwiftReader

The SwiftReader combines multiple forms of access control and video intercom into a single device and offers the smartest, most secure way to access any multifamily building.

  • Robust metal enclosure
  • Slick, matte dark gray finish
  • Weatherproof and water-resistant design
  • Simple, one wire Power over Ethernet install
  • Quick installation process
  • IK07 impact rated for vandal resistance
  • Strong, secure aluminum body with vandal-proof design
  • Sunshade options for outdoor units with water-resistant enclosure
  • Additional theft and vandal protection insurance available

Swiftlane Pricing

Several factors influence the cost of integrating Swiftlane into any given project, including building size, number of users, number of properties, etc. While the cost will vary from project to project, there will always be three components to the Swiftlane pricing model: hardware, annual software license, and installation.

Hardware: Swiftlane’s SwiftReader and Door Controller are one of the most competitively priced systems available on the market today compared to similar product offerings of the same form and function.

Annual Licensing: Swiftlane is a cloud-managed system, which replaces legacy on-site systems. The additional convenience of over-the-air software updates, remote management, and automated cloud backup with encrypted storage comes with an annual software licensing fee.

Installation: Swiftlane has a vast network of expert, local installers that provide fast, on-the-ground support, including installation.

Advantages and Disadvantages

Read more Swiftlane reviews to hear what customers are saying.  

The Benefits of Swiftlane

Swiftlane has a unique value proposition for every multifamily demographic. Below, review the key benefits and impact that Swiftlane has for residents, property managers and owners, and investors.

Creating a Class A Resident Experience

For residents, smart access solutions have clear benefits, including:

  • Convenient, keyless access including face recognition
  • Improved security
  • Streamlined visitor access
  • Assigning highly customized recurring access

Streamlining Property Operations

Swiftlane’s smart access solution streamlines operations for property managers and provides a comprehensive insight into community activity to drive down operating overhead and enable a proactive approach to security:

  • Enable self-guided tours
  • Increase staff productivity
  • Improve tenant experience and boost tenant retention
  • Eliminate key management
  • Reduce loss to a vacancy with improved lease conversion rate
  • Simple, secure delivery and package management

Driving Value and Revenue

Multifamily owners and investors, Swiftlane is accelerating income and generating property value by:

  • Collect higher rent and ancillary revenue
  • Create a future-proof and future-flexible property
  • Drive down unnecessary operating costs
  • Fast, cost-effective retrofits
  • Generate tangible building value
  • Expedite ROI and maximize IRR
  • Create scalable growth
  • Facilitate data-informed decisions

Swiftlane Disadvantages

Swiftlane is a rapidly-growing smart security company that is reinventing multifamily access and the way people interact with buildings. As of February 2022, Swiftlane is deployed in hundreds of multifamily buildings throughout the US with tens of thousands of users. While new to the market, Swiftlane has a proven record of success among residents, property managers, building owners, and investors.  

Share:

About The Author

Kristina Xie

Kristina Xie is a real estate syndication enthusiast. She invests in properties in NYC, however became interested in large scale multifamily units after attending her first real estate conference in November 2021. When she is not actively interviewing people or writing articles, she enjoys the outdoors and traveling around the world!

Related Posts

From 63 to 955 units, Norman Choi Leverages RE Syndications to Gain Time Freedom as a Busy Professional

September 19, 2022

Private Equity vs Public Equity: The Differences When Raising Real Estate Capital

July 22, 2022

The 10 Hottest Cities to Invest in Real Estate Before 2025

July 20, 2022