How Much Does A 300 Unit Apartment Complex Cost

It could be anywhere from 3 to 200 million.

How much does a 300 unit apartment complex cost. Average Apartment Complex Costs. Average Apartment Building Cost. But when it comes to the cost of an entire building.

IF there is a basement add an additional 500k per level of basement. 80816 79000 sf 3 buildings 3 story wood frame walk up asphalt parking lot with no amenities. The maintenance cost per unit is lower in a complex than in a single residence but the overall amount will be bigger.

Each unit roughly costs anywhere between 64575 and 86100. If you could go bigger 4-5000sf then you get some economy of scale ie. If you collect 500000 in rents and pay 300000 in.

Level lot with easy to moderate access to the affected area. The cost will vary based on the age of the building and the type of property such as A B or C apartment complex. How much does an apartment complex cost.

Add in Rs 5000 approximately per apartment for installation and materials. Energy Information Administration the standard size of an apartment unit is 861 square feet with a footprint of 24 feet by 35 feet 2435. Two stories above tuck under parking.

Construction costs could be more than 200ft so for your 12k sf building youre looking at 24M plus the 1M gets you to. The above figures place this construction at an 85 and 200 per square foot cost. Utilizing mid-range materials a regular foundation with full basement efficient doors and windows all appliances and turnkey finishing would run at an average of 64575 to 86100 per unit to complete not including acquisition of land.