Multi Family Development Analysis

[Kyle Ransom]

Hello all, can anyone tell me at how much it would cost to clear, entitle and prep 2.34 acres of land, and at what cost/SF to build a 16-20 unit apartment building in GA? Thanks in advance for your feedback?

[Junious Williams]

Kyle,

I have no clue about costs in Georgia, but I work in Land Development in Houston. To clear and haul debris for a site that small would be $5-6K per AC in Houston. To build a house in Houston costs $80-90/SF for non-homebuilders who don't have the volume to drive down costs. 

Not sure this helps, but I figured it would add some context.

Junious