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Updated over 8 years ago on . Most recent reply

User Stats

42
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3
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Dane Fossee
  • Real Estate Investor
  • Detroit, MI
3
Votes |
42
Posts

30 Unit Apartment Building Utility Estimates

Dane Fossee
  • Real Estate Investor
  • Detroit, MI
Posted

Hi All, 

What would you estimate the gas (steam boiler system) & water charges to be for a 30 unit apartment building in a cold weather midwest state (Illinois, Michigan, Ohio, etc.)? I realize these figures are probably all over the board but any feedback would be helpful.

Thanks!

Most Popular Reply

User Stats

242
Posts
80
Votes
Omar Ruiz
  • Investor
  • Anaheim, CA
80
Votes |
242
Posts
Omar Ruiz
  • Investor
  • Anaheim, CA
Replied

look at the last two years financial statements and go with the higher utility expense

  • Omar Ruiz
  • Loading replies...