We were just presented a contract from Spectrum for an exclusive contract for our 56 unit complex in Fayetteville. Wondering if this offer is competitive to what you've seen in the market, particularly with the $150 per door up front payment. Many thanks in advance for your feedback!
Bulk Video & Bulk Internet w/modems included
$150 One Time Door Fee
6 YR Term
1 YR Rate Freeze
2 Set Top Boxes per unit
1 Courtesy account w/Video and Internet
@Matt Shumate Is this something you considering to increase occupancy? Just wondering why you would consider this since many people use cell service for internet?
Consumption doctrine. You want to use something, you pay the bill. I did the opposite, canceled a bulk contract when I bought a property. Nobody moved.
I can put you in contact with someone who handles our negotiation with cable providers
PM me if you want me to make the introduction
@Gino Barbaro with how many doors you would consider using cable contract,
would / Can you do on 20 doors?
We just closed on 67 units and would consider anything above 50 units. When you have several units in the market, I would also try to bundle them and try to offer as a package to the companies, those economies of scale we always talk about.
BTW great job with the reposition. Looks sweet!
@Gino Barbaro I have 80 units spread out in one market, I think I know the answer but would that be less attractive to a cable provider or would they value 80 in one property the same way the would if those 80 doors were spread across 4 properties?