Typical per-unit maintenance for urban class C?
Hi All,
What sort of numbers do people like to estimate for per-unit maintenance? I'm specifically looking at medium-size (say, 12-50) unit, older but in good shape, class C buildings around Chicago and suburbs. Actual numbers I'm seeing are all over the place for various reasons.
Am thinking costs within a unit (so excluding roofs, boilers, etc) mainly come from kitchens and bathrooms, and then perhaps a smaller amount psf. At least that's my experience in smaller properties.
Any thoughts would be much appreciated, thanks!
Allen