Expenses per unit in Columbus OH

[Alex Gingrich]

I am looking into a property that I found in Columbus. I am trying to determine what the approximate average expense per unit per year for a class C type property would be and compare it to what the seller is telling me. The property is about 70 units, townhouse style, landlord pays water, trash and sewer, tenants pay electricity and gas. About half of the units have been updated in the past 3 years and the other half are older. The property was built in the 1970's. What would a realistic range for expenses per unit per year be including taxes, insurance, management, maintenance, utilities, repairs/capital reserves? I am looking for a dollar amount and not a percentage.  Thanks!