All Forum Posts by: Michael Chen
Michael Chen has started 4 posts and replied 8 times.
Post: Could you buy a rental property near homeless park?

- Developer
- Seattle, WA
- Posts 8
- Votes 1
It seems to be a very nice area. I think it would depend on what are you trying to build, a gated apartment vs SFH would make difference in such area.
Post: Build a small apartment

- Developer
- Seattle, WA
- Posts 8
- Votes 1
Would building apartment cost diff a lot than building townhouses?
Post: Building a small apartment

- Developer
- Seattle, WA
- Posts 8
- Votes 1
Wow, my area is much more expensive than that, I heard it would between $200-$300 per sqft + design and land cost.
Post: Build a small apartment

- Developer
- Seattle, WA
- Posts 8
- Votes 1
I own a 6000 sqft lot which is allowed to build a ~14000 sqft apartment. The lot is near to an university so there shouldn't be any issue with getting tenants. I am doing some analysis on whether I should sell it after permit is approved, or build it and rent out. I built several SFHs before but I have never built an apartment. I was wondering if someone knows the details of cost to build an apartment? I am also willing to pay for things like cost sheet of finished projects. I'm in Seattle area.
Post: Building a small apartment

- Developer
- Seattle, WA
- Posts 8
- Votes 1
I own a 6000 sqft lot which is allowed to build a ~14000 sqft apartment. The lot is near to an university so there shouldn't be any issue with getting tenants. I am doing some analysis on whether I should sell it after permit is approved, or build it and rent out. I built several SFHs before but I have never built an apartment. I was wondering if someone knows the details of cost to build an apartment? Also I am willing to pay for expense sheet of finished projects. I'm in Seattle area.
Post: Building a small apartment

- Developer
- Seattle, WA
- Posts 8
- Votes 1
I own a 6000 sqft lot which is allowed to build a ~14000 sqft apartment. The lot is near to an university so there shouldn't be any issue with getting tenants. I am doing some analysis on whether I should sell it after permit is approved, or build it and rent out. I built several SFHs before but I have never built an apartment. I was wondering if someone knows the details of cost to build an apartment? Also I am willing to pay for expense sheet of finished projects. I'm in Seattle area.
Post: Building a small apartment

- Developer
- Seattle, WA
- Posts 8
- Votes 1
Thanks Brian. Yes, MHA is considered. Do you know if building apartment would cost less or more than building townhouses in general?
Post: Building a small apartment

- Developer
- Seattle, WA
- Posts 8
- Votes 1
I own a 6000 sqft lot which is allowed to build a ~14000 sqft apartment. The lot is near to an university so there shouldn't be any issue with getting tenants. I am doing some analysis on whether I should sell it after permit is approved, or build it and rent out. I built several SFHs before but I have never built an apartment. I was wondering if someone knows the details of cost to build an apartment? Also I am willing to pay for expense sheet of finished projects. I'm in Seattle area.