Looking for insight into construction costs

[Jenna Compton]

I'm working through the numbers on a potential development project that I am trying to put together.  It will be my first ground up new construction in the multi family space.  So, I am looking for feedback and insights into construction costs.  Podium style with ground level parking and 4 floors of units.  

What would you say the average cost per unit used in budgeting is?  32 units, 2bd/2bath approx 1,400sf

Edit:  I've realized a bit more context is probably in order to get the most relevant replies!  I have the parcel and know that cost.  Really looking for general development budgeting insights for a medium scale ground up project.  Location is the Northeast.

Thanks in advance for the insights and conversation! 

[JD Martin]

No good way to answer this because it's going to be region-specific. Material & labor costs, regulatory & permit costs, lot costs, land prep costs, utility costs, etc. 

@Jay Hinrichs builds in some different places. If you get more specific he might be able to give you a better picture. I put a 200 SF addition on my house last spring and it cost me a little over $100/sf, and I did some of the work myself and used contractors that I have relationships with from my rental properties. I'm in TN.