- Acquisition profile: 45-pad park at 100% occupancy with unexplained 300,000-gallon monthly water overage bills.
- The discovery: 50-year-old galvanized steel mains had dozens of subterranean micro-leaks draining into sandy soil.
- The execution: budgeted a complete $75,000 directional-bored PEX repipe; the water bill dropped 65% immediately, boosting annual NOI by $28,000.
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Case Study 5 · Infrastructure CapEx
The Galvanized Water Line Crisis in an Older Texas Park
A $75,000 directional-bored PEX repipe cut the water bill 65% and added $28,000 of annual NOI.
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