Parking Spaces Sitting Empty Month After Month
Visitor overflow spots, unassigned reserved spaces, and premium covered parking, all sitting empty because there's no mechanism to offer them to residents who'd pay for the convenience.
Your Empty Parking Spots and Storage Units Are Losing You Money
Most communities have unassigned parking spaces and storage closets sitting empty, generating zero revenue while the HOA or property management company covers all the maintenance costs. Park Entra includes a built-in marketplace where admins list available spaces and storage for lease, residents browse and purchase through Stripe, and every dollar is tracked on your revenue dashboard.
No signup for the demo 30-day free trial on monthly plans, card required No contracts Cancel any time
$50 to $200
Per parking space/mo
$25 to $100
Per storage unit/mo
Built-in
Resident marketplace
14 days
Reminder before a lease ends
The problem
Empty Spaces Are a Hidden Cost
Unassigned parking spots and unused storage units cost your community money: maintenance, lighting, insurance, while generating nothing in return. Most communities don't lease them because there's no system to manage inventory, collect payments, or track expirations.
No System to Manage Inventory
Even communities that want to lease spaces struggle with the logistics. Who's available? Who's paid? When does the lease expire? Without a system, it's another spreadsheet, another manual process, another thing that falls through the cracks.
Storage Closets Managed on Paper
Some communities have storage closets or units available for rent, but manage them with paper sign-up sheets, cash payments, and no expiration tracking. Residents forget to renew, payments go unrecorded, and inventory is impossible to audit.
Revenue Collected via Cash with No Audit Trail
Cash and check payments for parking and storage are common but nearly impossible to track. Who paid? When? For which space? Without a digital ledger, money slips through the cracks and boards can't get accurate financial reports.
How Park Entra helps
A Marketplace That Manages Itself
Park Entra includes a built-in marketplace for parking spaces and storage units. Admins list available inventory with pricing and lease durations. Residents browse, purchase through Stripe, and manage renewals from their portal. Every transaction is logged on your revenue dashboard. No more inaccurate spreadsheets to juggle.
Parking Space Leasing
List any unassigned parking space for lease: set the price, duration in months, and accepted payment methods. Residents see available spaces in their portal and purchase with one click. Each lease records which unit holds the space and when it ends. Residents can pay to extend it from their portal if your property allows extensions.
Storage Unit Rentals
Manage storage closets and units the same way as parking. Add inventory in bulk, set pricing, and list for lease. Residents browse available storage in their portal and purchase directly. Each lease has an end date, and residents get a reminder email 14 days before it.
Stripe-Integrated Payments
All purchases go through Stripe: secure, instant, and fully documented. Standard card processing with receipts for residents and transaction records for your team. Cash and check payments can be recorded manually.
Automated Expiration Reminders
Park Entra sends email notifications before parking and storage leases expire. Residents can renew from their portal before the lease ends, reducing churn and eliminating manual follow-up.
Revenue Dashboard with Full Ledger
See total revenue from parking and storage at a glance. Filter by payment method, export the transaction ledger as CSV, and review per-unit breakdowns. Every dollar is accounted for. No more cash tracking on sticky notes.
Bulk Inventory Management
Add parking spaces or storage units in bulk with pattern-based generation. List or remove multiple spaces from the marketplace at once. Set pricing and durations across batches. No need to configure each space individually.
How it works
List, Sell, Track. Automatically.
- 01
Add Your Inventory
Add parking spaces and storage units individually or in bulk. Set identifiers, pricing, lease durations, and accepted payment methods.
- 02
List on the Marketplace
Mark spaces and units as available for lease. Residents see them in their portal's parking and storage section, with pricing and availability.
- 03
Residents Purchase Directly
Residents select a space or unit and purchase through Stripe. The lease is activated immediately with an expiration date based on the configured duration.
- 04
Track Revenue Automatically
Every purchase flows into your revenue dashboard. Monitor active leases, upcoming expirations, and total revenue, per property or across your portfolio.
What changes
Revenue You're Currently Leaving on the Table
A community with 10 unassigned parking spaces at $100/month and 5 storage units at $50/month could generate $1,250/month ($15,000 per year) in new revenue. That's money that's currently sitting in empty concrete.
$15,000/year in new revenue
That's enough to fund landscaping, common area improvements, or reduce HOA dues, from spaces that are currently generating nothing.
FAQ
Frequently Asked Questions
For anything not covered here, contact our support team or our sales team.
Can we set different prices for different spaces?
Yes. Every parking space and storage unit has its own price and lease duration. Premium covered spots can be priced higher than open-air spaces. Corner storage units can differ from hallway closets.
What payment methods are accepted?
You can accept cards only, cash/check only, or all payment methods per property. Card payments go through Stripe. Cash and check payments are recorded manually by admin and logged in the revenue ledger.
What happens when a lease expires?
Residents get a reminder email 14 days before the lease ends and can pay to extend it from their portal. If they don't, the space is released automatically within a day of the end date. It goes back on the marketplace, or back to the unit an admin assigned it to, ready to lease again.
Can residents lease more than one space?
You configure the maximum number of parking and storage purchases per unit in your settings. This prevents any single unit from monopolizing inventory while still allowing flexibility.
How do pending reservations work?
If your property accepts cash or checks, a resident can place a 72-hour hold on a space or storage unit and pay in person. Admins see pending holds on the revenue page and mark them paid or cancel them. A hold that is not paid within 72 hours is released automatically.
Is storage unit management included in every plan?
Yes. Both parking space and storage unit management are feature toggles available on every plan. Enable them in settings when you're ready. No additional cost.
Turn Empty Spaces Into Monthly Revenue
Join communities using Park Entra to lease parking spaces and storage units directly to residents, with automated payments, lease tracking, and expiration reminders.
- No setup fee
- No contracts
- 30-day free trial on monthly plans
See it before you decide
Open the live demo as an administrator, enforcer or resident. It is the real software with sample data, and there is nothing to sign up for.
Try the live demoPricing for several properties
Each property is priced by its own number of units, with 10% off at 3 to 5 properties and 15% off at 6 to 10. Larger portfolios are priced by quote.
Price your portfolio