Frequently Asked Questions
Resident Centered:
Prospect Centered:
We use a Ratio Utility Billing System (commonly known as a RUBS program), which is a method for allocating master billed utility expenses to residents of a multifamily community. Rather than simply taking the bill and dividing it by the number of units, RUBS considers the square footage of a unit, and the number of residents. This does not include any common areas, hallways, or garage areas. The tenant would only be responsible for the square footage and occupancy of their unit. The vendor who will be providing these billing services is Yardi Energy Services (YES). When the new billing services begin, you will receive contact information and can reach out to YES for any questions or concerns regarding your bill
Security and Technology
Our property is equipped with cameras, Smart Rent-controlled access at all entry points and elevators.
Mercantile is equipped with Smart Rent technology with keyless smart locks, smart thermostats, and guest access capabilities. We also have a secure package room with ButterflyMX to easily give access to delivery and mail carriers.
$50/month for 500 mbps of high-speed internet, already installed in the unit and ready to use!
Mercantile has a community room made for both entertainment and setting up for remote work. The oversized island in the club room is a great spot to get work done and then take a break and enjoy the views overlooking the Fargo Theatre on the patio. With an extra-large rooftop patio equipped with multiple grilling stations, pergola, and outdoor TV lounge area, Mercantile is an excellent choice for those looking to work and play. Two-bedroom floor plans also offer great space to have an office in one room and your sanctuary of a bedroom in the other with almost floor-to-ceiling windows that let in natural light.
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