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Updated over 9 years ago,
Opex?
Howdy all...
I'm in the very early stages of developing/building a small apartment complex. I'm trying to put my package together for some investors, so I'm looking for ballpark figures on what I could expect for a 4 bldg, 20 unit/building complex. Perhaps slight deviation on the density (higher), but that's my ballpark. I will adjust the Opex projections based on our ridiculous tax rates down here (Austin area) :)
Wasn't sure if there's a projected opex/door and/or what other basic factors to consider when running projections.
Thanks...