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Rob Strickland
  • Flipper
  • Cleveland, OH
3
Votes |
23
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New Construction Budget for 3 Unit Multifamily in Cleveland OH

Rob Strickland
  • Flipper
  • Cleveland, OH
Posted Jul 1 2014, 12:26

I bought an existing 3 unit property in Cleveland OH along with the empty lot adjacent to it which I'm looking to build another 3 unit, 1000 sf per unit multifamily on.  The properties are located in the neighborhood of Tremont and I wanted to see if anyone had advice on what the $ per square foot budget should be for this area?  I want to attract high quality tenants so I'm thinking finishes a little on the higher end, but not so far as to surpass what will contribute to increased rent.

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