Property Management Fees 12 Unit Apartment

[Brad T.]

Hello Everyone,

  I have a 12 unit apartment under contract and I am looking for a property manager. I would say it is a class B area and a class A building. The rent averages $950 per month. What do you think are fair fees?  The fees I am getting quotes for seem to be more like what I would expect to pay for single family. 

Thanks,

Brad

-% of collected monthly rent

-Leasing fee