Does anyone know approximately what size apartment complex you could build for 2.5 million in Austin, TX? For example, how many units? or price per sq ft? I'm just looking for a cost to build, nothing else. Thanks for any help or comments.
Austin is pretty restrictive on development with conditions and quality of the build.
What is required will determine the cost to construct with finish out.
My book says median at 80/sf hard construction cost. Restrictions and finishes could bump that to 90-100.