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Updated about 3 years ago,
Prop Mgmt fees for 30 units apt
Hi everyone, I am looking into a 30+ units asset in San Antonio TX, and I was wondering what is a comparable property management fee. Looking at the forums I saw that 100+ units go for 3-5%, while SFHs go for 8%-10%. Is it accurate to assume that a 30+ asset (with no payroll) goes for 6-7%?
Tks!