52 unit estate in disrepair.

[Edward C.]

Hi every one, I’m looking at Purchasing an estate of 2 properties with 6 buildings a total of 52 units in disrepair (residential). I’m trying to get the numbers to work with but I’m having trouble working out the Cost. It’s too close to the East Coast shore so I have to follow the 50% flood rules.

Is there a quick method to calculate a rebuild if I needed to go that way, Like $20 per sq ft or something like that?

Two story Building but if I needed to rebuild I would have to raise them up to the flood level, creating 3 stories with parking underneath at ground level, 'living on the second and third floor's'.

There on Concert slab now, no basement.

I’m not looking for specifics at this point just a quick way to run some fast numbers to see if I’m even in the ball park.

Thank you in advance for any help or suggestions you may be able to offer.