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How Much Does It Cost To Build An Apartment Complex
How Much Does It Cost To Build An Apartment Complex -
The average cost per square foot to build an apartment complex in the U S is 398 However this cost varies depending on your location Also these figures are based on the development of mid rise apartments and condos For starters mid rise buildings are typically between 5 and 10 stories
The national average cost to build an apartment building is between 5 4 and 59 million with most people paying 12 5 million for a 5 story mid rise apartment building with 50 units This project s low cost is 970 000 for a 4 500 sq ft total duplex apartment building using basic materials
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2021 Cost To Build An Apartment Apartment Building Construction Cost
2021 Cost To Build An Apartment Apartment Building Construction Cost
The cost excludes land acquisition and site improvements e g parking landscaping and play areas Materials would cost around 4 65 million labor would cost roughly 4 51 million machine costs would stand at roughly 232 000 and the contractor would take in over 1 3 million for the project
From 2010 to 2017 apartment revenue doubled going from 20 8 billion to 42 9 billion Generally speaking construction of these lucrative projects will range from several hundred thousand dollars for very small units to tens of millions for large developments
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2020 Cost To Build An Apartment Apartment Building Construction Cost
2020 Cost To Build An Apartment Apartment Building Construction Cost
Nationally the cost of an apartment building per square foot is about 398 Estimates from 2020 put apartment build costs at 64 500 to 86 000 per unit But those figures vary widely depending on location type of building construction costs number of apartment units square feet per apartment and more Although one can calculate a
The average range of apartment construction costs varies greatly between 4 7 million to 52 million per complex The national average for a 5 story 50 unit mid rise apartment building is 11 million
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The national average cost to build an apartment building is between 5 4 and 59 million with most people paying 12 5 million for a 5 story mid rise apartment building with 50 units This project s low cost is 970 000 for a 4 500 sq ft total duplex apartment building using basic materials
https://homeguide.com/costs/cost-to-build-an-apartment-complex
The average cost to build an apartment complex is 150 to 400 per square foot or 75 000 to 600 000 per unit Building a standard mid rise apartment complex with 50 units costs 3 8 to 30 million depending on the size of each unit labor fees material quality and the building location
The national average cost to build an apartment building is between 5 4 and 59 million with most people paying 12 5 million for a 5 story mid rise apartment building with 50 units This project s low cost is 970 000 for a 4 500 sq ft total duplex apartment building using basic materials
The average cost to build an apartment complex is 150 to 400 per square foot or 75 000 to 600 000 per unit Building a standard mid rise apartment complex with 50 units costs 3 8 to 30 million depending on the size of each unit labor fees material quality and the building location
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