Anywhere between roughly $500,000 and $200 million in the united states.
How much is it to build a apartment complex. While there are many factors that go into determining the cost of operating an apartment complex, the truth is that you. The figures are sourced from fixr. When it comes to building an apartment complex, what is the average cost?in the united states, the average cost of constructing an apartment building was roughly $22 million.
The 15% loss factor increases the price per square foot,. It is best practice to have a max spend number set prior to starting the apartment building. Across the nation, the average cost to build an apartment complex is $398 per square foot.
At the same time, the engineer will charge. In fact, there are over 8 million independent landlords across the us. Location cost of land cost of.
It could be as high as $330 to $580 or more per square foot in san francisco, ca or in new york, where the starting price is a hefty $350 per square foot and can go up to $850 or. How much would it cost to completely build an apartment complex? An apartment building of this size could have between 3 and 6 stories.
To have a general estimate of how much you will need, here is a breakdown of various costs as a percentage of the entire project. In the united states, the average cost of constructing an apartment building was roughly $22 million as of 2020, however the exact value varies greatly based on factors such as. Constructing an apartment complex requires a considerable amount of budget and material.