Price for Installing Sub-Meters for Water in a 70 Unit Multi-Unit

[Suzanne Chan]

Hi BP Community! 

I am looking for prices on sub-metering water, there is a deal that I am interested in but the water bill last year near about 90K, and totally owner paid. A water bill back won't work on this property but without the regulation of the water use and the owner paying for this, it sours this deal pretty fast. 

Does anyone know the estimated cost for something like this per unit? Each unit is about 750sqf and similar in shape. I was told to go to the Water Board to see if they would be willing to share some costs but would it make sense to work with someone independently? 

Thanks all for your help in advance!