Updated about 6 years ago on . Most recent reply

Condominium Property Management Fee (1000 Unit)
Looking for suggestions on the calculation of the property management fees.
Property type: All condos/ no rentals
Location: Chicago,
Age: 10 Years Old
Number of Units: 1000 Units
Approximate HOA Yearly $4M
Other Incomes ~ $300K (Yearly)
Unit value range: $250K - $450K
Thanks In Advance