Developers are squeezing more value from tighter sites—Automated Parking Systems for Multifamily can make the deal pencil. Klaus Multiparking’s Chris Tiessen breaks down costs, timelines, and real-world ROI.
In this conversation, we explore how Automated Parking Systems for Multifamily unlock density, revenue, and approvals when conventional parking won’t fit. Chris explains the major system types (independent stackers, puzzle parkers, fully automatic), typical price ranges (~$12k per stacker space, ~$20–25k puzzle, ~$60k+ fully auto), and why many projects hit a ~5-year payback. We discuss when to loop parking engineers in (schematic design), retrofits (ceiling height, site constraints), service coverage, and how AI (plate recognition, billing) will streamline user experience. You’ll also hear about Klaus’s new Kvario “puzzle-in-a-box” for open lots—perfect for mixed resident/public use (think stadium/game days). If you develop in dense submarkets or need a value-add lever, Automated Parking Systems for Multifamily could be the difference between “no” and “go.”
Connect with Chris Tiessen:
Chapters:
00:00 – Introduction
02:39 – System types: stackers, puzzle, fully automatic (Mission Impossible vibes)
06:04 – Cost per space & how to think about ROI
08:13 – When to engage (schematic design) & install timelines
13:30 – Typical payback periods (3–5 years) & monetization ideas
20:20 – Markets, service model, and reliability
21:39 – How AI will improve UX, billing, and access control
33:26 – Gino wraps it up
We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply About Jake & Gino Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company. They control over $250M in assets under management. They have created the Jake & Gino Premier Multifamily Community to teach others a simple three-step framework for investing in multifamily real estate. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/
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