Typical General/Managing Partner or Asset Management Fees?

[Chad U.]

Hello commercial or syndication investors.   

I know this may be a very broad question, and there are many variables involved in coming up with specific number. But based on your experiences, what is a reasonable fee to charge as a general or managing partner of a entity where you will be managing the asset(s) on behalf of the investors? In this case, the properties will be turnkey so will not require as much oversight as repositioning a property to drive NOI, but will be more of an asset management role to oversee the property managers, run financial reports, and putting the deal together, etc.