How Much Would It Cost To Build A 100 Unit Apartment Complex
We would pay for the first 100 and the tenant would be responsible for the remaining portion.
How much would it cost to build a 100 unit apartment complex. A 100-unit building can be many different sizes from a mid-rise of 5 floors to a luxury high-rise apartment complex. The average cost range for condo building construction is 75000 to 150000 per unit. The complex also has coin-operated washers and dryers and a few soda and candy vending machines that create 1000 every month in income.
According to the US. It was smooth and it was easy and I would highly recommend it to anyone selling out there. The property was in great shapebuilt very well in 1989 by a well-known builder and maintained well.
But when it comes to the cost of an entire building complex. Average Apartment Building Cost. Energy Information Administration the standard size of an apartment unit is 861 square feet with a footprint of 24 feet by 35 feet 2435.
Also how do management cost only come to about 6000 for a year. Its one of the most beautiful river. Lets look at a big 5500-square-foot two-floor apartment.
The units took approximately 6 months to build from the time the plans were put into council. For instance if we have to replace a washer and dryer in 1 unit and they need to match it is as much as your entire year for appliances. Each unit roughly costs anywhere between 64575 and 86100.
Some apartment owners manage their own buildings. We manage a 20 unit renovated building in Vicksburg MS and our ongoing operating and maintenance costs are far more than in you typical example. Working with Joe was phenomenal.